Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.

The construction of battery cell factories catering specifically for stationary energy storage means competition for supply with the EV sector will cool off in the next couple of years.

Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.

Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.

A 300MWh compressed air energy storage system capacity has been connected to the grid in Jiangsu, China.

Intersolar Europe event saw a number of energy storage-related announcements from Chinese solar PV industry players.

News from around the world in energy storage.

CATL has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP) Broad Reach Power. 

Deadline for commissioning large-scale battery storage for California utility Southern California Edison might be missed, Ameresco has said.

Listed company Shenzhen CLOU Electronics says it has secured a contract with a “famous American energy company” to supply an energy storage system totalling 485MWh in South America.