Project funding for energy storage jumped to US$820 million in 2016 from just US$30 million in 2015, while Sonnen was revealed as the energy storage company to raise the most VC funding this year.
New York’s chief economic development agency Empire State Development is launching a battery cell assembly facility in Eastman Business Park (EBP), Rochester, which will serve battery and capacitor companies, in collaboration with the New York Battery and Energy Storage Technology Consortium (NY-BEST).
Electro Power Systems (EPS) announced Thursday that it has successfully delivered a storage system that will be connected to the Coober Pedy Renewable Hybrid Power Project microgrid in Southern Australia.
Energy storage provider Alevo Group announced Wednesday that its first GridBank storage unit has been approved for shipping and installation after passing the factory acceptance testing (FAT) procedures at Parker Hannifin’s Energy Grid-Tie Division.
Dubai Electricity and Water Authority (DEWA) has signed a cooperation agreement with the renewables arm of major French utility EDF to share expertise and experience in areas including energy storage, renewables, EV chargers and energy system integration.
The UK has a pipeline of 2.3GW of commercial and industrial (C&I) and utility scale battery-based energy storage projects, with many developers already looking to ‘stack’ revenues through providing multiple services, a new report has found.
What is thought to be India’s first grid-scale energy storage array will be developed and delivered by a joint partnership between system provider AES and Mitsubishi Corporation, it was announced.
US-based energy storage project developer and software company Demand Energy has been acquired by Italian utility company Enel.
The San Diego County Water Authority and the City of San Diego announced Wednesday that they have taken steps towards developing a new 500MW pumped energy storage project at the San Vicente Reservoir.
We report a number of recent executive appointments in the energy storage world including at Trojan and Solarwatt.
