Form Energy has closed its Series D financing round, with investors including steel company ArcelorMittal putting US$240 million into the Boston-headquartered iron-air battery startup.
Scotland-headquartered multinational energy company SSE has acquired development rights for its first 50MW battery storage asset from developer Harmony Energy.
Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.
Seasoned renewable energy lawyer Adam Walters from Stoel Rives argues that procurement in the battery storage space is currently like a sort of Wild West.
It may be the height of summer but there’s no respite for the Solar Media Podcast, the new episode of which is packed full of insight as the US begins its clampdown on solar imports.
Breakthrough Energy Ventures was among investors in a Series C funding round for Reactive Technologies, a company which has developed a means to measure “fundamental grid stability parameters in real-time,” offering visibility to renewable energy and energy storage asset developers and system planners.
Battery storage startup Field has secured a pipeline of 160MW of battery storage sites in the UK, and begun construction of its first 20MW site in Oldham, England.
Canadian Solar has seen a “surge in demand for battery storage capacity,” CEO Dr Shawn Qu said, as the vertically-integrated solar PV company reported its latest quarterly financial results.