The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

funding round

April 30, 2024
RayGen, a startup developing long-duration energy storage (LDES) technology designed for pairing with renewable energy installations, has raised investment to kick off a Series D funding round.
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September 13, 2023
The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.
September 5, 2023
Polarium, a Sweden-headquartered energy storage system manufacturer, has raised SEK562 million (US$48.3 million).
April 27, 2023
Energy Dome, the European startup with a long-duration energy storage system technology based on CO2, has closed its Series B funding round.
February 27, 2023
Infradebt has made the first close of a fund dedicated to investing in large-scale battery storage projects around Australia.
January 19, 2023
Noon Energy, developer of a novel carbon-oxygen battery for long-duration storage, has raised US$28 million in a Series A funding round.
January 12, 2023
US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.
December 7, 2022
ZincFive, a US company developing nickel-zinc battery technology for applications including data centre UPS has closed a Series D round.
October 5, 2022
Form Energy has raised US$450 million from investors including ArcellorMittal, bringing the startup’s total investment to US$800 million.
July 20, 2022
US energy storage system integration services and software company FlexGen has raised US$100 million in a Series C funding round.

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