Aspen Aerogels has raised US$150 million in financing from a Koch family investment firm to help grow its aerogel thermal barrier technology division, including new products which prevent thermal runaway in batteries.
Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia.
FlexGen Power Systems has launched an electric vehicle charging solution combining its energy management system (EMS) platform and battery energy storage.
Trina Storage has completed the supply of its first UK battery energy storage system (BESS), the 50MW/56.2MWh fully integrated grid-scale battery energy storage system owned by SMS plc
Swell Energy, a US company specialising in virtual power plant (VPP) projects aggregating residential solar PV and battery storage, has launched a distributed energy resources management system (DERMS) software platform.
Fluence has netted a deal to onboard 1.1GW of solar and storage assets to its digital energy trading and bidding platform with AES Corporation, one of the energy storage technology provider’s parent companies.
Responding to increasing demand for dispatchable renewable energy resources, GE Renewable Energy has opened a factory for ‘Renewable Hybrid’ technology solutions and equipment in Chennai, India.
A 100MWh gravity-based energy storage system developed by Energy Vault is expected to begin construction in China in the second quarter of this year, the Swiss-American startup has claimed.
