The asset management group of investment banking firm Goldman Sachs is making a US$250 million investment into advanced compressed air energy storage (A-CAES) company Hydrostor.
Gravity-based energy storage technology company Energy Vault has formed a strategic partnership with non-ferrous metals smelting and refinery company Korea Zinc, including a US$50 million investment commitment.
The feasibility of building large-scale liquid air energy storage (LAES) systems in China is being assessed through a partnership between Shanghai Power Equipment Research Institute (SPERI) and Sumitomo SHI FW.
The first lithium-ion battery cells have been produced at Northvolt’s new gigafactory in Sweden and a UK sodium-ion battery startup has been acquired by the solar subsidiary of India’s Reliance Industries.
Neoen has started full commercial operations at its Bulgana Green Power Hub in the state of Victoria, Australia, which includes a 20MW / 34MWh battery energy storage system (BESS) paired with a 204MW wind farm.
The Australian Renewable Energy Agency (ARENA) is opening a competitive funding round to provide up to AU$100 million (US$72.16 million) in support for large-scale battery storage projects.
While we’re waiting to get started up for what looks like being a busier year than ever in 2022, let’s look back as we reveal the most-read blogs and features for 2021.
