Thermal storage startup Antora Energy has raised US$50m from a group of investment firms including Bill Gates’ Breakthrough Energy Ventures to accelerate the development of its heat-based carbon block energy storage system for heavy industry. 

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.

ARENA is supporting two First Nations-led microgrid projects in the Northern Territory (NT) with AU$11 million in funding.

Developer-operator Plus Power and utility Tennessee Valley Authority (TVA) announced a 20-year energy storage agreement (ESA) for the 200MW/800MWh Crawfish Creek battery energy storage system (BESS) in Alabama, US.

Victorian energy storage designer and manufacturer PowerPlus Energy has secured AU$2.3 million (US$1.65 million) in funding from ARENA.

In this news roundup, Unigrid, Inlyte Energy, CIUDEN, and Sunamp are advancing non-lithium energy storage technologies worldwide.