Peak Energy, a startup claiming to be the ‘first American venture to advance globally proven sodium-ion battery systems,’ has raised US$55 million in a Series A funding round.
The Britishvolt saga and any potential for a lithium-ion gigafactory at the Northumberland, UK site looks to be over after US private equity firm Blackstone acquired it to set up a data centre.
A Quinbrook Infrastructure Partners portfolio company will shortly begin construction on a 250MW/500MWh battery storage system in Queensland, Australia.
