We hear from XL Batteries and Quino Energy, ‘organic’ chemistry flow battery technology companies, about how they plan to scale up and reduce costs to compete with lithium-ion.
Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).
Finnish marine and power technology firm Wärtsilä has ended an 18-month long strategic review of its Energy Storage and Optimisation (ES&O) business, a process which could have led to the firm divesting it.