Companies in the battery storage sector attracted US$11.4 billion in corporate funding in the first nine months of 2021, a 363% rise on the same period of last year.
UK renewable energy and energy storage company Anesco is to build and maintain 100MW of battery energy storage for investors JLEN and Foresight Solar Fund Limited (FSFL).
A gigawatt-scale factory producing lithium iron phosphate (LFP) batteries for the transport and stationary energy storage sectors could be built in Serbia, the first of its kind in Europe.
Clean energy solutions provider Ameresco has contracted with California investor-owned utility Southern California Edison (SCE) to deliver battery energy storage systems (BESS) totalling 537.5MW of output and 2,150MWh.
Tesla deployed 1,295MWh of energy storage in the third quarter of 2021 and has recorded a 96% compound annual growth rate (CAGR) in deployments over a four-year period.
US renewable energy developer Leeward Renewable Energy has entered into a long-term power purchase agreement (PPA) for a solar-plus-storage facility it is preparing to construct in Kern County, California.
Hawaiian Electric is launching its newest “all-source” renewable energy procurement for capacity and grid services on the eastern side of Hawaii Island.
Developer Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.
Puerto Rico Electric Power Authority (PREPA) has sought approval for the launch of its latest Request for Proposals (RfP) for renewable energy and energy storage resources.
Fluence could raise more than US$700 million from the planned initial public offering (IPO) of its Class A common stock which would be listed on the Nasdaq Global Market.
