Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.
Flow battery company Invinity Energy Systems has sold 43MWh of battery systems to utility Dairyland Power Cooperative for deployment across long duration energy storage (LDES) projects in the US Midwest.
The largest grid-scale battery energy storage system (BESS) project in the Czech Republic has gone online, supplied by a company invested in by lithium-ion OEM CATL.