Infradebt has made the first close of a fund dedicated to investing in large-scale battery storage projects around Australia.

Noon Energy, developer of a novel carbon-oxygen battery for long-duration storage, has raised US$28 million in a Series A funding round.

ZincFive, a US company developing nickel-zinc battery technology for applications including data centre UPS has closed a Series D round.

Form Energy has raised US$450 million from investors including ArcellorMittal, bringing the startup’s total investment to US$800 million.

US energy storage system integration services and software company FlexGen has raised US$100 million in a Series C funding round.

Nearly A$4 billion (US$2.72 billion) of battery projects in Australia are in the running to receive financial support from ARENA.

A 300MWh compressed air energy storage system capacity has been connected to the grid in Jiangsu, China.

News in brief from around the world in energy storage.

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.