Zinc-air flow battery company Zinc8 Energy Solutions has won US$9 million in state tax credits for its new manufacturing facility in Ulster County, New York.
TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.
Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.
New York’s recently proposed programme to promote the deployment of energy storage has been well-designed to create a robust market in the state for everything from residential to large-scale.
