Microsoft, Google and 10 other companies have joined the Long Duration Energy Storage (LDES) Council, a CEO-led organisation launched at COP26 in November to push for the global deployment of technologies that can store and discharge energy for eight hours or longer.
LG Energy Solution has signed a five-year supply deal for lithium hydroxide from Germany-headquartered Vulcan Energy Resources, which aims to establish carbon emissions-free extraction facilities.
Battery storage companies raised 159% more corporate funding in 2021 than in 2020, with funding activity reflecting the “significance of battery energy storage in the energy transition,” analysis group Mercom Capital has said.
Canada-headquartered renewable energy project developer-owner Amp Energy is to build what it is claiming are Europe’s two largest grid-connected battery storage facilities, each of 400MW / 800MWh.
The year has gotten off to a frenetic start, with plenty of news from the global solar and energy storage sectors to digest on the January 2022 episode of the Solar Media Podcast.
Spanish solar company Soltec Power Holdings, through its subsidiary Powertis, has sold a controlling stake in 421MW of its solar PV projects and 90MW of energy storage in Italy to German investment firm Aquila Capital under a co-development agreement.
Steve Kenny, general manager for Advanced Fire Detection at Honeywell Building Technologies talks about why the detection of off-gases is an important line of defence.
The EU’s European Investment Bank has pledged support for a long-duration thermal energy storage project and a gravity-based energy storage demonstration project.