Italy-headquartered solar inverter manufacturer FIMER supplied 1MVA inverters to a solar-plus-storage project with a 18MWh battery energy storage system (BESS) in Gujarat, India.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

Dynapower, a US manufacturer of energy storage and power conversion system equipment, will be acquired by Sensata, a maker of industrial sensors.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Tesla’s Megapack as well as the company’s solar PV will power a Bitcoin mining facility in a proof of concept (POC) project in the US.

e-Zinc, which claims its zinc metal-based battery technology could provide low-cost, long-duration energy storage has raised US$25 million. 

Insurance is a cornerstone of de-risking financing and investment into energy storage

It’s been a positive week for thermal energy storage technology, with utility Edison International validating a cold storage solution, a collaboration between two groups to achieve 100% round trip efficiency, and an acquisition involving several intellectual property rights patents.

Energy group Enel has started operating a 4MW/1.7MWh backup power storage system at a plant in Spain’s North African territory using 78 repurposed Nissan electric vehicle (EV) batteries.

Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.