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.
The need for energy storage solutions in India to enable huge renewable energy growth makes it a promising market, Tata Power has said, after its solar subsidiary was awarded the country’s largest solar-plus-storage project to date.
The new edition of our quarterly journal PV Tech Power, volume 29, is now available to download, including our comprehensive cover story on solar’s critical next decade.
Development has begun in Japan of a marine battery storage vessel that would be charged at sea from offshore wind and then carry the power back to land.
Subsea engineering and floating and offshore renewable energy company G8 will use advanced lithium-ion battery technology produced by 3DOM Singapore (3DOM SG) in all of its renewable energy projects in Asia.
