Vehicle-to-grid solutions provider Nuvve, along with a host of other groups, has signed a memorandum of understanding with the US Department of Energy to accelerate the commercialisation of V2G and other vehicle-grid integration technologies.
Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investment Board.
Lithium-ion will struggle to compete at long durations and its price declines cannot continue forever, said Alan Greenshields, Director EMEA for iron electrolyte flow battery supplier ESS Inc, in a rebuttal to an earlier Energy-storage.news article on the topic.