AutoGrid has raised US$83.5 million in funding to scale up its virtual power plant (VPP) platform for distributed energy resources (DER) and Leap has raised US$33.5 million to scale and develop its DER software solution.
Whether connected to a main electricity grid or not, commercial and industrial (C&I) microgrids are increasingly able to offer resilient and independent power supply and — perhaps more importantly — electricity cost reductions.
Harmony Energy Income Trust (Harmony), a battery storage investment fund operated by UK renewables and energy storage developer Harmony Energy, intends to undertake an initial public offering.
Testing and accreditation group DNV has added new capabilities to assess thermal runaway behaviour in battery cells to the testing laboratory it manages in Rochester, New York.
A new joint venture (JV) is evaluating building battery cell gigafactories in the US, based on advanced lithium-ion technologies, formed by investor Koch Strategic Platforms and manufacturer FREYR Battery.
Trina Storage launched its new lithium iron phosphate (LFP) utility-scale battery storage cabinet and Sungrow launched its new line of residential battery storage at Intersolar Europe last week.
A six-year lithium off-take contract signed by LG Energy Solution and supplier Sigma Lithium “signals the importance of securing lithium supply and the importance of ESG,” an industry supply chain expert has said.
Vanadium flow batteries are considered a leading light of the push towards technologies that can meet the need for long-duration energy storage. Not least of all by the companies that mine the metal from the ground. Andy Colthorpe learns how two primary vanadium producers increasingly view flow batteries as an exciting opportunity in the energy transition space.
Energy storage is a key enabler of net zero emissions in the UK, but some unresolved challenges still make it a complex sector to navigate, as Antonia Silvestri and Gary Roscoe, partners at law firm TLT, explain.
US utility company Georgia Power has approval from regulator Georgia Public Service Commission (PCS) for the first project in its 80MW portfolio of ‘build, own, operate’ standalone battery energy storage systems (BESS).
