The US government Department of Energy has issued a Request for Information as it prepares to rollout a package worth more than half a billion dollars to support development and commercialisation of long-duration energy storage.
A leaked draft version the policy strategy designed to liberate the European Union from ties to Russian fossil fuel imports, includes no mention of energy storage.
thium-ion battery gigafactory group FREYR reported a US$35 million loss in the first quarter of 2022 and has recently announced three conditional offtake agreements (COA) totalling 53.5GWh.
Buyers of energy storage solutions (ESS) in Germany do not yet see a need for flow batteries for medium duration storage, an ESS provider tells Energy-Storage.news, with many set on the potential of green hydrogen.
Norwegian lithium-ion battery gigafactory group FREYR has signed a conditional offtake agreement with energy storage system integrator Powin Energy totalling 28.5GWh over six years.
Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.