Mining giant Rio Tinto has invested US$10 million in battery materials company Nano One, a few weeks after Nano One acquired the lithium iron phosphate cathode business of Johnson Matthey.
Power and automation technology company ABB will lead a turnkey project for a shore-to-ship power solution in Toulon, south France, using a 2.35MW/4.7MWh lithium-ion battery.
GE Renewable Energy will triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids factory in India by the end of 2022.
Around 60% of new solar projects planned in US utility service areas are hybrid resources paired with storage. Recurrent Energy’s Lucas Moller explains the appeal.