Australian investment bank Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI) in a deal worth up to US$1.73 billion.
Supply chain risk platform Infyos discusses its research into forced and child labour in the battery supply chain, suppliers risk of exposure to it and what business risks that could entail for those in the ESS industry – particularly around the EU Batteries Regulation.
A recent fire event at a large-scale battery storage project owned by California utility San Diego Gas & Electric (SDG&E) was dealt with effectively and in an exemplary manner.
Energy Plug Technologies and the Malahat Nation have confirmed that construction has started on Canada’s first indigenous-led energy storage gigafactory in Mill Bay, British Columbia.
The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.
The Electric Reliability Council of Texas (ERCOT) has cleared a further 480MW of battery storage capacity for commercial operations during the month of August, according to the system operator’s most recent generator interconnection status (GIS) report published 3 September, 2024.
Three-quarters of the lithium-ion battery supply chain could have exposure to forced labour, contravening US and EU laws and potentially leading to products being blocked from those markets, a report said.
Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.
