Lithium batteries have definitely changed the game for the energy transition, but require smart technologies and strategies to optimise them — which can be equally important.
Companies in the battery storage sector attracted US$11.4 billion in corporate funding in the first nine months of 2021, a 363% rise on the same period of last year.
UK renewable energy and energy storage company Anesco is to build and maintain 100MW of battery energy storage for investors JLEN and Foresight Solar Fund Limited (FSFL).
A gigawatt-scale factory producing lithium iron phosphate (LFP) batteries for the transport and stationary energy storage sectors could be built in Serbia, the first of its kind in Europe.
Developer Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.
Special purpose acquisition company (SPAC) Novus Capital Corporation II chose to merge with novel gravity and kinetic energy-based storage Energy Vault after receiving target proposals from more than 100 different firms.
Hitachi Energy officially launched yesterday, rebranded from Hitachi ABB Power Grids, the business Japanese tech company Hitachi acquired an 80.1% stake in, in July 2020.
