Inlyte Energy has completed a seed funding round to develop its iron and salt-based battery technology, which it claims has high efficiency, long lifetime, ‘competitive’ energy density, excellent safety and an ultra-low cost.
California now has 6.6GW of battery energy storage systems (BESS) online, while Gore Street has secured US$60 million in financing for its 400MWh project in the state.
US independent power producer Clearway Energy has started commercial operations at its Daggett solar-plus-storage facility, which includes 482MW of solar capacity and 280MW of battery storage.
Developer Terra-Gen will now investigate the cause of a fire at its Valley Center BESS in California, with public safety measures lifted and the incident considered “over”.