The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged.
Hydrostor CEO Curtis VanWalleghem talks advanced compressed air energy storage and how Goldman Sachs Asset Management came to invest US$250m in his company.
California’s inclusion of US$380 million financial support for long-duration energy storage projects could “activate” up to 20 projects in the US state, which has a “tremendous need” for energy storage.
Four new grid-scale battery energy storage projects have been announced by California energy supplier Central Coast Community Energy (CCCE), including three long-duration flow battery projects.
Ontario’s energy system is the topic of debate. Energy storage has to be at the heart of its future, argues Justin Wahid Rangooni of Energy Storage Canada.
Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round.
This edition of our news in brief from around the world focuses on novel technologies promising several hours or more of competitively-priced energy storage.
