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Hithium and US developer Perfect Power in 1GWh battery MOU

November 10, 2023
China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).
Compressed air storage company Corre Energy's CEO KEvin McGrane (left) with senior VP Tobias Panse, of Siemens Energy's Industrial Steam Turbines and Generator business. Image: Corre Energy.

ROUNDUP: Long-duration CO2 battery, compressed air and thermal energy storage

November 9, 2023
This edition of our news in brief focuses on activities in the long-duration energy storage space.
Aypa credit facility

Blackstone’s Aypa secures US$550 million debt and tax equity for 700MWh California and Texas projects

November 9, 2023
Aypa Power has secured a portfolio debt and tax equity financing package totalling US$550 million for two battery energy storage system (BESS) projects in California and Texas.
Anahole Kauai

Redwood Materials to decommission, recycle 4.6MWh BESS on Kaua’i, Hawaii

November 8, 2023
The Oberon project was part of Intersect Power’s near-term 2.2GW solar PV portfolio that secured financing last year. Image: Intersect Power.

US Bureau of Land Management announces commissioning of California solar-plus-storage plants on public land

November 8, 2023
The US Bureau of Land Management has advanced on 15 clean energy projects, with two solar PV and storage plants operational in California.
The deal will see CATL's technology integrated into the US, UK and Australian markets. Image: CATL.

CATL, Quinbrook partner to deploy over 10GWh of battery storage in the next five years

November 8, 2023
CATL has signed an agreement with Quinbrook to deploy over 10GWh of its EnerC Plus battery storage technology over the next five years.
Energy Vault
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Eos, ESS Inc, Energy Vault: ‘Non-lithium’, long-duration tech providers’ Q3 financials

November 8, 2023
Another look at the fortunes of a trio of long-duration energy storage (LDES) providers with non-lithium technologies.
Wärtsilä

Georgia Power updated IRP ups targets for renewable energy, battery storage

November 7, 2023
Georgia Power update to its integrated resource plan (IRP) would see the company procure up to 1GW of battery storage resources.
Volvo EX90 publicity photo. The fully electric car is due for launch in 2024. Image: Volvo Cars.

Volvo Cars Energy Solutions plans to leverage ‘ample spare battery capacity’ for vehicle-to-grid

November 7, 2023
Volvo Cars has launched a new business division focused on smart and bi-directional charging solutions for electric vehicles (EVs).
Stem Inc and third party hardware at a customer's battery storage installation. Image: Stem Inc / CleanCapital.

Stem ‘continues to expect positive adjusted EBITDA’ in second half of 2023, full-year 2024

November 7, 2023
Stem Inc has made a company record US$676 million of order bookings in Q3 2023 and expects to turn a profit during this year.

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NY local town officials call on moratorium to suspend 1GWh BESS, State representatives issue support for project

Tesla launches integrated 20MWh Megapack BESS solution

Hithium, Storion announce non-lithium BESS advances in US

Tesla expects to have 4.5GW of grid-forming BESS operating in Australia by the end of 2026

‘Made in America’ and energy density race lead battery storage discussions at RE+ 2025

‘A key technology’: Google to help fund non-lithium LDES projects in Arizona with SRP

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