Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.
Intilion has just tied up with CATL for sodium-ion BESS deployments in Europe, following Alfen’s similar move in July, while Merus Power tells us it is in the process of integrating with the OEM’s new product.Â
Finland is the Nordic region’s most-talked-about market for the moment, with project deals and other battery storage development activity from local and international players. Â
Electrifying low-temperature industrial heat and steam processes with renewables could reduce European Union natural gas consumption by 35 billion cubic metres-per-year, according to a report from the International Energy Agency (IEA).
South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.