Peak Power, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI).
CMBlu Energy, the designer and maker of a proprietary organic flow battery, has won its first deal in the US since the company’s expansion into the market.
Our Next Energy (ONE) has raised US$300 million for its LFP cell gigafactory in Michigan while Turkish Kontrolmatik has started building its plant in South Carolina.
Some proposed battery storage projects have been cancelled in the US and Canada since the start of this year, after facing opposition from local communities.
Arclight Capital Partners has committed US$150 million to its energy storage platform Elevate Renewable Energy for deploying battery storage alongside its legacy thermal plant portfolio.
Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.
The virtual power plant (VPP) network of residential solar and battery storage provider Sunrun in the US is being managed by Lunar Energy, a recently-formed firm in which Sunrun is a shareholder.
Lithium-ion battery recycling firm Li-Cycle saw its overall revenues fall 32% in its fourth quarter, due to two separate factors related to a fall in metals prices.
