Form Energy, the US startup behind a battery technology that aims to cost-effectively provide 100-hour duration energy storage, has closed a Series F funding round.
Sweden-based BESS developer Ingrid Capacity will trade its BESS projects as they start to come online, CEO Axel Holmberg said, while also discussing the CEE market and fellow Swede Northvolt’s current challenges.
In the rapidly growing but still relatively new battery energy storage sector, equipment procurement and integration for large projects presents numerous risks.
On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.
At the 2023 edition of the RE+ clean energy trade show for North America, LG Energy Solution (LG ES) launched its system integrator arm for the US, LG ES Vertech.
Philippines President Ferdinand ‘Bong Bong’ Marcos Jr has attended the inauguration of the country’s first lithium iron phosphate (LFP) battery factory.
Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.
The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).
