A trio of announcements in the long-duration energy storage (LDES) sector, from RedoxBlox, Eos Energy Enterprises and ESS Inc.

TC Energy will develop “a potential long-term revenue framework” for its proposed pumped storage project in the Canadian province of Ontario.

European lithium-ion battery developer and manufacturer Northvolt has secured a US$5 billion (€4.6 billion) non-recourse project financing package from various EU and Nordic institutions for its manufacturing and recycling plants.

Daniel Crotzer, CEO of energy storage software controls provider Fractal EMS, details what an energy management system (EMS) is and why it often needs to be replaced on operational battery energy storage system (BESS) projects.

This Friday Briefing looks at the IEA’s recognition that long-duration energy storage will be essential to global decarbonisation and asks what it might take for that message to translate into immediate action.

Gas and geothermal plant developer and operator Calpine Corporation has closed a syndicated financing for what could be one of the largest battery energy storage system (BESS) projects in the US.

Energy storage developer NineDot Energy has secured financing from investors including Manulife Investment Management to progress its pipeline of New York projects.

BESS developer and operator Plus Power has brought a 185MW/565MWh project online in Hawaii, US, which it claimed is the “most advanced grid-scale BESS in the world”.

Patent lawyer Ben Lincoln from Potter Clarkson looks at gravity energy storage and what sort of IP is looking to be protected.

Developers in the US plan to install 15GW of new utility-scale battery storage, adding to about 16GW of storage installed so far, according to government statistics.