Largo has announced the successful closing of the previously announced transaction between its subsidiary, Largo Clean Energy Corp. and Stryten Critical E-Storage to establish joint venture Storion Energy.

As we welcome the end of another exciting, if sometimes challenging year, here are the most-read news stories on Energy-Storage.news for 2024.

On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.

The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).

Vanadium redox flow battery (VRFB) firm Invinity Energy Systems sold or won funding for 136.7MWh of product in 2023, while growing revenues 500%.

A double-header of big news from Germany, with construction starting on a ‘Grid Booster’ BESS from TransnetBW and Fluence and the EU putting €58 million towards a project that will combine green hydrogen and iron flow battery storage at scale.

A microgrid project combining solar PV, wind and a 10MWh flow battery in Germany has been completed by BayWa r.e., Ampt and Fraunhofer.

Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES).

Zinc-bromine flow battery technology company Redflow has received a grant award and notice-to-proceed (NTP) for two projects in California, US, totalling 21.6MWh.

A trio of announcements in the long-duration energy storage (LDES) sector, from RedoxBlox, Eos Energy Enterprises and ESS Inc.