RedT has confirmed that Avalon chief executive Larry Zulch will lead the combined entity should its proposed merger complete, with Scott McGregor set to depart at the end of the year.
A salmon farm in Norway will become more environmentally friendly with the addition of a Tesvolt-supplied battery energy storage system, reducing the run time of diesel generators onsite by up to 18 hours a day, saving on costs and working time spent on maintenance.
Denmark-headquartered firm Ørsted, formerly DONG Energy, has started building its first large-scale solar-plus-storage project, located in Andrews County, Texas, alongside existing oil and gas installations.
Tesla will “build batteries, powertrains and vehicles” at its European gigafactory, which company CEO Elon Musk has tweeted will be in the Berlin area of Germany.
Lithium-ion waste from a solar lantern scheme run by oil & gas major Total in Kenya will be recycled into new batteries for solar home systems by start-up Aceleron.
French utility EDF has acquired UK battery storage firm Pivot Power, cementing its mulit-gigawatt bid to become a market leader in Europe’s energy storage market.
Vanadium producer Bushveld Minerals has offered its backing to the merger of UK energy storage provider redT with US vanadium redox flow battery maker Avalon Battery, providing a loan to help the deal get over the line – and to help its own vertical integration ambitions.
Large-scale solar farm developer Maoneng Energy said it is expanding its battery energy storage portfolio in Australia, after signing a deal for 400MWh of projects with major utility company AGL.
A wind farm with co-located battery storage, in development by UK-headquartered multinational renewables developer and EPC provider RES Group, is to go ahead in Australia.