Vanadium producer Largo Inc has appointed financial advisors to undertake a “strategic review” of its downstream energy storage deployment arm Largo Clean Energy.
UAE-based renewable energy developer AMEA Power has signed a long-term PPA with the national utility of Djibouti for a 25MW solar PV plus battery storage unit.
Ben Lincoln, energy expert at intellectual property law firm Potter Clarkson, looks at patent filing activity in energy storage technologies outside the world of electrochemical batteries.
The four most high-profile energy storage system (ESS) companies that listed via SPAC mergers – Eos, Energy Vault, ESS Inc and Stem – have seen their share prices fall by an average of 80% since going public.
Global PV inverter and energy storage system manufacturer-integrator Sungrow has signed another deal in Israel, agreeing to supply battery storage solutions for EDF Renewables.
Kraftblock, a thermal energy storage startup based in Germany, and Australia’s MGA Thermal have secured funding to accelerate their technologies’ scale-up and commercialisation.
Prequalification for a large solar plus storage project in Morocco has been launched by the country’s state-funded renewable energy development organisation Masen.
The lithium industry needs US$116 billion of investment to achieve the 5.7x ramp-up in production needed for 2030 decarbonisation goals, and prices may remain ‘tight’ in the coming years.