Allegro Energy, an Australian-based developer of water-based redox flow battery energy storage solutions, has attracted AU$17.5 million (US$11.67 million) in Series A funding from investors including Origin Energy, Melt Ventures and Impact Ventures.
PV inverter and battery energy storage system (BESS) provider Sungrow has signed an agreement with two major developers to supply BESS systems for an upcoming UK storage project.
Georgia Power has secured a battery and equipment supply agreement (BESA) with Tesla for a 500MW/2,000MWh BESS portfolio made up of four projects of varying sizes under development by the investor-owned utility (IOU).
Home battery storage aggregation projects have launched with participation of Tokyo Electric Power Co, and Tokyo Gas, two major utility companies in the Japanese capital.
Construction has started at the 600MW/1,600MWh Melbourne Renewable Energy Hub (MREH), one of the largest energy storage projects in Victoria, Australia.
Stanford University and Argonne National Laboratory will lead R&D efforts in emerging battery and energy storage technologies funded by the US Department of Energy (DOE).
Augmentation and end-of-life disposal look set to grow in significance in the next few years in the US, with nearly 1.5GW/3GWh of BESS projects now four years old or more.