Energy Vault added US$191 million to existing cash reserves when it listed on the New York Stock Exchange.

Pine Gate Renewables has signed a second long-term supply memorandum of understanding (MOU) targeting an alternative to lithium-ion this week, with nickel-hydrogen battery group EnerVenue.

Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.

Renewable energy developer Maoneng has received grid connection approval on its 240MW/480MWh Mornington Peninsula battery energy storage system (BESS) in Victoria.

Lithium-ion battery recycler Li-Cycle has opened its third recycling facility, in Arizona.

Urban Electric Power has signed a memorandum of understanding (MOU) with developer Pine Gate Renewables to supply the latter up to 4,550MWh of its zinc batteries over the next five years.

Construction has begun on a major hybrid renewable energy and storage plant in Andhra Pradesh, India.

Duke Energy’s carbon reduction plan for its Carolina businesses includes proposals for a “significant growth” in energy storage deployments.

Cellcube has signed a five-year agreement with an energy asset developer to deploy 1GW-plus of its vanadium redox flow batteries (VFRBs) in Southern Africa, but CEO Alexander Schoenfeldt tells Energy-Storage.news the company’s supply chain has a long way to go before getting to that kind of number.

Commercial operations have begun at the Hydrovolt battery recycling plant in Norway, a joint venture (JV) between Norwegian materials processing company Hydro and Sweden-headquartered lithium battery manufacturing startup Northvolt.