Energy Vault has entered what it has described as “one of the world’s fastest-growing energy storage markets,” acquiring a portfolio of development projects in Japan.
China’s biggest energy storage companies were out in force at a recent trade expo in Beijing, with integrated offerings, bigger battery cells, data centre solutions and sodium-ion products among the new products and tech on show.
Developer-investor Hexa Energy Services has inaugurated what is thought to be Japan’s first operational battery storage project with a capacity market contract.
Hithium has signed a cooperation agreement for a potential 3GWh of battery storage deployments in the Asia-Pacific region with infrastructure investor Brawn Capital.
Shenzhen PowerOak New Energy Co., Ltd. (PowerOak), the fourth key player in the global portable energy storage sector, has submitted its IPO application to the Hong Kong Stock Exchange.
ACME Solar has commissioned just over 480MWh of battery storage in Rajasthan, India, following the recent signing of several storage-backed renewable energy deals.