AutoGrid has raised US$83.5 million in funding to scale up its virtual power plant (VPP) platform for distributed energy resources (DER) and Leap has raised US$33.5 million to scale and develop its DER software solution.

Hitachi Energy officially launched yesterday, rebranded from Hitachi ABB Power Grids, the business Japanese tech company Hitachi acquired an 80.1% stake in, in July 2020. 

Harmony Energy Income Trust (Harmony), a battery storage investment fund operated by UK renewables and energy storage developer Harmony Energy, intends to undertake an initial public offering.

Trina Storage launched its new lithium iron phosphate (LFP) utility-scale battery storage cabinet and Sungrow launched its new line of residential battery storage at Intersolar Europe last week. 

Northvolt has announced an expansion to its R&D centre in Sweden which will turn the facility into “Europe’s leading campus for battery technologies”.

GridBeyond is to optimise Greencoat Renewables’s first energy storage project. This 10.8MW front-of-the-meter battery is co-located with the Killala Community Wind Farm in Tawnaghmore Upper, Ireland and is expected to be online early next year.

Global equipment manufacturer Caterpillar has supplied hybrid energy solutions technology including 7.5MW of battery storage to the microgrid powering a gold mine in the Democratic Republic of the Congo (DRC). 

After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.

News in brief from around the world in energy storage.

A long-duration energy storage system using NGK’s sodium-sulfur (NAS) batteries has been commissioned by a subsidiary of German chemicals company BASF, which seeks out high growth opportunity businesses to work with.