San Diego, California’s ultracapacitor-based energy storage manufacturer Maxwell Technologies has signed a stock purchase agreement with China’s SFIC Fund Management – a significant investor in China’s storage industry – at US$6.32 per share.
Younicos CEO Stephen L. Prince ponders the role of energy storage within the three ‘Ds’ revolutionising energy: digitisation, decentralisation and decarbonisation.
Japanese utility/grid operator Tokyo Electric Power Company (TEPCO) has invested half a million pounds (US$624,000) into UK residential energy storage system provider Moixa.
The world pipeline for energy storage on the utility side of the meter has doubled in the past year, reaching 3.4GW, according to new research by I.H.S.
Brisbane-based renewable energy investor Lyon Group will soon start building a AU$1 billion (US$767 million) solar-plus-storage farm in South Australia – the world’s largest.
Belectric has developed PV plants on every continent of the globe except Antarctica and also delivers energy storage system projects and offers a wide range of energy storage solutions including in-house battery systems, turn-key large-scale battery storage as well as scalable container solutions. Managing director of Belectric Solar and Battery, Frank Amend, spoke to Energy-Storage.News about the company’s recent acquisition by RWE subsidiary innogy and where the company sees energy storage (and solar) going.
Flow battery manufacturer ViZn Energy Systems has won a contract to provide a 1MWh zinc-iron flow battery to India’s majority network operator and utility Power Grid Corporation of India Limited (PGCIL).
California-headquartered grid-scale electrical energy storage company Primus Power has secured US$32 million in equity financing from a range of investors including a well-known Saudi family, to help accelerate its EnergyPod 2 storage system.
Filipino renewable energy firm Solar Philippines has started construction on the first utility-scale solar project to be combined with battery energy storage in the Philippines.
Queensland’s workplace regulator, the Electrical Safety Office (ESO), has revoked its recommendation that all home energy storage battery units should be installed separately from households in an external enclosure.