The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to long-duration energy storage (LDES) developer and operator Hydrostor of up to US$1.76 billion.
Technology firm Hyme Energy and potential customer Arla Foods are seeking EU funding for a 200MW thermal energy storage system project, which they claim is the largest in the world.
The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a conditional commitment for a loan of up to US$15 billion to California utility Pacific Gas & Electric Company (PG&E).
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan of up to US$2.5 billion to Wisconsin Electric Power Company (WEPCO).
US-based sodium-ion BESS startup Peak Energy has opened a battery cell engineering centre in Broomfield, Colorado, in partnership with the Colorado Office of Economic Development and International Trade (OEDIT).
A roundup of energy storage news from across the EU, involving Polar Night Energy’s ‘Sand Battery’ in Finland, GazelEnergie and Q Energy in France, and Spain’s MITECO awarding financial support to 45 projects.
