EnerVenue, the US company commercialising technology adapted from nickel-hydrogen batteries, has closed a US$300 million extension of its Series B preferred stock financing round.

Sembcorp has successfully bid into a Solar Energy Corporation of India (SECI) tender to build a large-scale solar PV project paired with battery storage.

According to Mercom Capital, companies in the energy storage space raised US$15.4 billion in corporate funding globally in the first half of 2024.

India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.

Natron Energy has started commercial-scale operations at its sodium-ion battery manufacturing plant in Michigan, US, and elaborated on how its technology compares to lithium-ion in answers provided to Energy-Storage.news.

Battery energy storage system (BESS) and EV solutions firm Zenobē Energy has started construction on a 300MW/600MWh project in Scotland, after securing project financing.

UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.

The Abu Dhabi sovereign investor Mubadala Investment Company has announced a strategic investment in UK-headquartered battery energy storage and EV fleet solutions provider Zenobē.

UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.