Green hydrogen projects have progressed in the Netherlands and India, the latter of which is being combined with a battery energy storage system (BESS).
State-owned Estonian energy company Eesti Energia is planning to build a 225MW pumped hydro energy storage facility, as part of a wider push to become independent of Russian energy.
SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.
Largo Clean Energy, part of vanadium primary producer Largo Resources, and Ansaldo Green Tech are exploring the potential of a joint venture for deploying vanadium flow batteries.
When partnered with artificial intelligence (AI), the next generation of battery energy storage systems (BESS) will give rise to radical new opportunities.