US development and investment company LS Power has launched Rev Renewables LLC, a new company focused on the development, acquisition and operation of energy storage and renewable projects.
Powin Energy will purchase lithium iron phosphate (LFP) cells from Chinese company EVE Energy and at the same time is “actively in discussions” to try and source cells from US-based facilities for the future.
A 150MW / 600MWh battery storage system would be a central component of a proposed “state-of-the-art clean energy underground highway,” capable of transmitting renewable energy into New York City from Upstate New York, Energy-Storage.news has heard.
Smart energy storage provider Stem Inc has said that it is on course to meet revenue targets set for 2021, as the company made its first quarterly financial results announcement since going public.
The energy storage arm of solar inverter manufacturer Sungrow will supply 1,000MW of battery energy storage system (BESS) equipment to be deployed across six large-scale projects in Texas for customer Broad Reach Power.
The US’ bipartisan infrastructure bill’s passing by the Senate has been applauded by a range of energy storage industry stakeholders for helping unlock the country’s clean energy potential.
Ambri, a US technology startup with a novel liquid metal battery that it claims can be suitable for long-duration energy storage applications, has netted a US$144 million investment and signed a deal with a key materials supplier
A product recall has been announced for around 10,000 units of residential battery energy storage systems (BESS) by manufacturer LG Energy Solution Michigan in the US, due to potential fire risks.
Hydrostor, a Canadian company with projects under development in North America and Australia using its advanced compressed air energy storage (A-CAES) technology, has secured CA$10 million (US$7.99 million) growth capital.
