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neovolta

NeoVolta’s Nasdaq listing raises less than planned amidst ‘tough’ capital markets

August 4, 2022
Home energy storage system provider NeoVolta has raised US$3.9 million in a Nasdaq uplisting, lower than initially planned amidst ‘tough capital markets’ according the company’s CFO.
eos energy

Eos got US$258 million orders for its zinc battery storage in Q2 2022

August 3, 2022
Eos Energy Enterprises now has an order backlog worth US$457.3 million following a busy quarter for the US zinc-based battery storage solutions provider.
Nomad CEO Jay Bellows at the launch event yesterday. Image: Nomad Transportable Power Systems.

ROUNDUP: Mobile, grid-scale and power plant controller energy storage system product news

August 2, 2022
Another edition of our news in brief from around the world in energy storage, this time focusing on product announcements.
borrego aes co-located solar plus storage battery new york massachusetts

Borrego completes sale of solar PV, energy storage development arm

August 2, 2022
Borrego has completed the spin off and sale of its development business to energy transition investor ECP for an undisclosed amount.
greener power solutions

Mobile battery storage integrator Greener Power tests Northvolt unit in supplier diversification push

August 1, 2022
Mobile battery storage rental company Greener Power Solutions plans to diversify its supply base away Alfen and has already bought a unit from Northvolt.
voltstorage

VoltStorage raises €24 million to expand product offering beyond vanadium

July 28, 2022
VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.
Joe Manchin at an event with Energy Secretary Jennifer Granholm (left). Image: Joe Manchin's office.

Manchin-Schumer-backed Inflation Reduction Act includes ITC for energy storage

July 28, 2022
Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.
Illustrative rendering of a solar-plus-storage project with LG ES containerised BESS. Image: LG Energy Solution.

LG Energy Solution: Lockdowns, logistics and materials prices cause dip in profitability

July 27, 2022
LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.
Tesla Megapack BESS units caught fire during testing of the 350MW Victorian Big Battery in Australia. The situation was quickly brought under control and only two Megapacks out of more than 200 on site were consumed by flames. Image: Country Fire Association.

National Fire Protection Association affiliate surveys risks and mitigation for battery storage

July 27, 2022
Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.
alok-sharma-niti-aayog-suman-bery-via-twitter

India adds Energy Storage Obligation policy to renewable energy purchase scheme

July 26, 2022
India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.

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Poland: GoldenPeaks buys 216MWh of BESS, R.Power negotiates hybrid PPA

Arevon Energy begins construction on 1,200MWh California BESS

American Clean Power report says MISO needs 500% rise in energy storage by 2035

‘A win for Transatlantic relations’ but a ‘big loss’ for creditors: Lyten’s Northvolt deal

Trina Storage to provide 65MWh BESS for Romania project

Tesla: ‘I don’t think we’re going to sell another battery in Australia that’s not grid-forming’

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