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.
Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla will supply Megapacks for a BESS project while Sumitomo will deploy a 12MWh vanadium flow battery.
New vanadium redox flow battery technology from Invinity Energy Systems makes it possible for renewables to replace conventional generation on the grid 24/7, the company has claimed.
International Electric Power is proposing a long-duration energy storage project on the Marine Corps Base Camp Pendleton, California utilising Eos Energy Enterprises’s zinc cathode battery technology.
India’s Reliance Industries has completed the takeover of sodium-ion battery company Faradion, while Amazon is set to trial a novel flow battery technology.
Singapore’s government and Energy Market Authority have announced power sector and grid enhancements, including a possible expansion of Southeast Asia’s biggest battery storage plant.
Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.