Peak Energy, a startup claiming to be the ‘first American venture to advance globally proven sodium-ion battery systems,’ has raised US$55 million in a Series A funding round.
Hithium has become the latest overseas player to seek to onshore production of battery energy storage system (BESS) equipment and components in the US.
The Vecco Critical Minerals Project, an AU$798 million (US$540 million) initiative aiming to unlock upstream battery manufacturing, has been declared a “coordinated project” by the Queensland government in Australia.
While Chinese companies dominated the square footage at ees Europe / Intersolar Europe in Munich last month, some project developers are still keen on prioritising products made closer to home.
We hear from industry sources about the reasons for, and implications of, the increasing convergence to the 20-foot, 5MWh+ container as the dominant grid-scale BESS product today.
The US federal Department of Energy (DOE) will offer up to US$100 million for pilot-scale long-duration energy storage (LDES) projects utilising non-lithium technologies.
The Provincial Electricity Authority (PEA) of Thailand will assess the feasibility of energy storage business models in partnership with a subsidiary of state-owned oil & gas company PTT Group.
