Energy Vault added US$191 million to existing cash reserves when it listed on the New York Stock Exchange.

Pine Gate Renewables has signed a second long-term supply memorandum of understanding (MOU) targeting an alternative to lithium-ion this week, with nickel-hydrogen battery group EnerVenue.

The secretary-general of the UN has highlighted the crucial role battery storage can play in tackling the global climate crisis.

Lithium-ion battery recycler Li-Cycle has opened its third recycling facility, in Arizona.

Study conducted by the Massachusetts Institute of Technology Energy Initiative has found energy storage can be a key enabler for the clean energy transition.  

Urban Electric Power has signed a memorandum of understanding (MOU) with developer Pine Gate Renewables to supply the latter up to 4,550MWh of its zinc batteries over the next five years.

Duke Energy’s carbon reduction plan for its Carolina businesses includes proposals for a “significant growth” in energy storage deployments.

The US government Department of Energy has issued a Request for Information as it prepares to rollout a package worth more than half a billion dollars to support development and commercialisation of long-duration energy storage.

Rising demand for batteries, largely coming from the electric vehicle (EV) sector, means raw materials prices continue to be volatile.

Global system integrator Fluence increased its revenues for the first three months of 2022, its second quarter, 249% to US$343 million.