An official ceremony was held in Hubei Province, China, as work began on the first phase of a 100MW / 500MWh vanadium redox flow battery (VRFB) system.
Greece’s electricity market holds the potential to become an important European market for energy storage technologies like lithium-ion batteries in the coming months and years.
India’s biggest grid-scale battery storage system to date received a visit from Delhi government minister Satyendar Jain, who emphasised the urgent need for energy storage to stabilise the grid and incorporate higher shares of renewable energy sources.
Tesla’s planned launch of a retail electricity offering to existing customers within the ERCOT service area in Texas will lean heavily on battery storage as well as solar for its expertise, assets and routes to market.
US national Energy Storage Association (ESA) members voted to approve a merger with the American Clean Power Association, starting a “powerful new chapter for energy storage,” according to ESA Interim CEO Jason Burwen.
After the expansion of the biggest battery project in world, milestones have been recorded for three more major solar-plus-storage and standalone battery storage projects in California, Hawaii and Florida.
Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round.
Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.
Form Energy has closed its Series D financing round, with investors including steel company ArcelorMittal putting US$240 million into the Boston-headquartered iron-air battery startup.
