TWAICE, a German battery analytics software company founded in 2018 which already counts Audi and Daimler as well as European energy utility companies amongst its customers, has raised US$26 million in a Series B funding round.
Energy storage technology provider Fluence and battery gigafactory startup Northvolt will collaborate to develop “next-generation battery technology for grid-scale storage applications,” the companies said today.
Energy storage can help enable cleaner, reliable, low-carbon energy networks while connecting energy assets to the market opportunities that will make the transition to renewable energy economically feasible. We speak to Wärtsilä’s Jeff Damron about the ways that the value of energy storage can be realised in markets across the world, both today and in the future.
Despite the fundamental drivers remaining unchanged, Covid-19 will certainly leave its mark on the post-pandemic energy storage world. Florian Mayr at cleantech advisory and consultancy group Apricum examines how the energy storage industry can best adapt to the “next normal”.