TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.
Gigawatt-hours of used EV batteries are now hitting the market, and California-based Element Energy claims it has the ideal BMS platform to scale second life energy storage technology.
Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.
California utilities CPA and SCE have issued requests for microgrid and power resiliency projects using energy storage as the state continues to adapt to an increased risk of power shutoffs.