Further attempts are being made to recall batteries thought to pose fire risk through overheating in Australia, with thousands of home energy storage systems believed to be affected.
Oslo-based second life battery storage solutions firm Evyon has raised €8 million (US$8.3 million) in a pre-Series A fundraising round, led by VC firm Sandwater.
Electriq Power looks set to become the latest in a series of SPAC listings in the energy storage sector, with the US home energy storage firm set to hit a US$495 million valuation.
Hyme Energy will deploy a 20-hour hydroxide molten salt-based thermal energy storage system in Rønne, Denmark, for 2024 while Azelio has just completed the installation of a unit in Dubai, UAE.