“We need to allow the technology to show us what the most cost effective solution for 10-20-hour duration energy storage is”, managing director of Adaptogen Capital James Mills says.
Developer Lion Storage has successfully reached financial close on a 1.4GWh battery energy storage system (BESS) set to be developed in the Netherlands.
“Short duration flexibility has a massive role to play in reducing the costs of the Great British energy system, saving £10 billion a year by 2050,” Duncan Stone said this morning at the Energy Storage Summit 2025 in the UK.
Allegro Energy, an Australian-based developer of water-based redox flow battery energy storage solutions, has been awarded AU$1.85 million (US$1.17 million) in federal government funding to scale its technology.
Australia’s Victoria government has fast-tracked the approval process for a 1.8GWh battery energy storage system (BESS) being pursued by developer Birdwood Energy.