An investment worth €110 million (US$131.5 million) has been agreed by ‘thermal battery’ manufacturer EnergyNest which would make infrastructure equity investor Infracapital its biggest shareholder.
Siemens Energy has formed a partnership aimed at sustainably decarbonising the industrial sector with Norway-headquartered thermal energy storage company EnergyNest.
14D to add unique heat and electricity storage solution to solar PV and CST project in South Australia, offering grid stability and powering greenhouses with stored heat.
Heating and cooling uses more than half of Europe’s energy, but the potential “immense value” of thermal energy storage has barely been explored, the head of an energy storage trade group has said.
The US Department of Energy (DOE) has closed a US$26.5 billion loan package to two wholly owned subsidiaries of utility Southern Company, in Georgia and Alabama, US.
A 582MWh battery storage project and a gigawatt-hour-scale thermal energy storage system are the latest big developments in the emerging Baltic region, north-eastern Europe.
Three energy storage projects have reached key milestones, including pumped hydro, thermal storage, and geothermal alternatives to battery energy storage systems (BESS).
The costs of certain long-duration energy storage (LDES) technologies are expected to decline by around 37% on average by 2030, according to a new study.
