Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round.
Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.
Form Energy has closed its Series D financing round, with investors including steel company ArcelorMittal putting US$240 million into the Boston-headquartered iron-air battery startup.
Kokam will supply a battery energy storage system (BESS) that will serve as a virtual synchronous generator, reducing local reliance on diesel generators on the French Polynesian island of Tahiti.
Augmentation at the Vistra Moss Landing Energy Storage Facility in California has been completed, with the world’s biggest battery energy storage system (BESS) now at 400MW / 1,600MWh.
Batteries will be mounted on electricity poles across the low voltage distribution network and aggregated as a virtual power plant (VPP), in a project which will trial their ability to integrate more renewable energy in two regions of Victoria, Australia.
Tesla will deliver a battery energy storage system (BESS) to a ‘Battery Power Park’ project in Japan which will participate in various electricity market opportunities and help stabilise the grid on the northern island of Hokkaido.
