India’s first commercial regulated utility-scale battery storage project has gone into operation, and a new partnership claims it will establish local manufacturing in the country this year.

Energy storage developer and system integrator Energy Vault has closed on US$28 million in project financing for the Calistoga Resiliency Centre (CRC) located in California, US.

Energy storage developer and system integrator Energy Vault has been tapped by Victoria’s State Electricity Commission (SEC) to deliver a 100MW/200MWh government-owned battery energy storage system (BESS) in Australia.

This edition of news in brief focuses on energy storage technologies that are emerging or on the path to commercialisation.

Eos, ESS Tech Inc and Energy Vault, the three big-name non-lithium energy storage firms that listed via SPAC deals, saw weak third quarter results.

Optimiser Gridmatic and Energy Vault have entered into a 10-year deal for a BESS project in ERCOT, Texas, expected to be online by summer 2025.

The US government’s launch of the Regional Clean Hydrogen Hubs program, with a staggering $7 billion investment, marks a critical moment for the green hydrogen industry.

Energy storage developer Energy Vault has inked a new partnership with Enervest Group to supply a 1GWh battery energy storage system (BESS) in New South Wales, Australia.

Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.

Energy storage technology firms Eos and Energy Vault have both released their Q2 results, with contrasting figures but both still having a long way to go to scale up and reach profitability.