A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.
Vena Energy Australia has achieved financial close for its 100MW / 150MWh Wandoan battery energy storage system project in Queensland and named Doosan GridTech as engineering, procurement and construction partner.
A AU$20.3 million (US$15.36 million) project to demonstrate the capabilities of utility-scale vanadium flow battery storage in combination with solar PV has been announced in South Australia, with the Federal government helping to fund the project.
Canadian public utility company and transmission system operator Hydro-Québec has launched a battery energy storage subsidiary as well as announcing a large-scale green hydrogen project.
The battery storage optimisation and energy trading teams at EDF and Centrica Business Solutions – stalwarts of the UK’s Big Six of utility companies – have won 40MW of new deals to optimise large-scale battery storage systems.
Commercial and industrial (C&I) microgrid projects have been awarded to Enel X and EDF Renewables North America in very different settings in the US, both using a combination of solar PV and stationary battery storage to improve air quality, reduce greenhouse gas emissions and add resilience.
Lithium battery recycling company Li-Cycle now has capacity to recycle 10,000 tonnes a year of spent lithium-ion batteries, having just opened its Rochester, New York facility for commercial operations.
Stem Inc is set to be publicly-listed and expand its global reach through a deal worth as much as US$608 million, agreed with special purpose acquisition company Star Peak Energy Transition Corp.
