Startup ZincFive, maker of a novel nickel-zinc battery for stationary storage applications, has brought its total investment raised since founding seven years ago to more than US$200 million.

Leyline Renewable Capital has provided loans to developers RAI Energy and Grid Connected Infrastructure (GCI) for solar and storage projects.

Ontario’s electric system operator has announced the award of contracts to a further eight battery storage projects in expedited RFP.

Rondo Energy, which counts Bill Gates’ Breakthrough Energy Ventures among its investors, intends to scale up annual production capacity of its thermal storage tech to 90GWh.

BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.

A roundup of news in brief from around the world in energy storage, with Honeywell, Wärtsilä and Iberdrola.

Con Edison has inaugurated the largest battery storage project to date within New York City, making a tiny dent in delivering the US utility’s state-determined commitment to energy storage.

Greenbacker Capital Management has acquired a 30MW/120MWh battery energy storage system (BESS) in California.

Investing in numerous smaller grid-scale energy storage projects minimises downside risk and can mean getting projects in the ground two years’ quicker, developer Agilitas Energy told Energy-Storage.news.

Two 5MW/10MWh battery storage units have entered commercial operation in Vermont, US, owned by Strata Clean Energy, deployed by LS Energy Solutions, and financed using the new investment tax credit (ITC).