Lithium electrolyte provider South 8 Technologies has raised US$12 million in Series A financing to commercialise its liquefied gas electrolyte technology.
A “novel and innovative” technology which uses CO2 as a medium to store energy could be made using off-the-shelf equipment and made available to the market as early as next year, the company behind it has said.
Wells Fargo has closed its first tax equity investment into a solar project paired with battery storage, a large-scale plant being built in New Mexico, US.
Solar PV module manufacturer and energy solutions company Q CELLS North America has invested in a portfolio of solar-plus-storage projects developed by Amped Solutions via a grid equity investment.
Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.
A 50MW lithium-ion battery storage system which will form part of a transmission system-connected ‘Energy Superhub’ has been commissioned in Oxford, England, while another 100MW transmission-connected project in the country has reached financial close and is set to begin construction soon.
Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
