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

Taiwan’s renewable energy goals will only be made possible with the deployment of energy storage, TCC chairman says.

Energy storage can improve power quality and reduce electricity costs for industrial entities in Mexico.

Thermal storage startup Antora Energy has raised US$50m from a group of investment firms including Bill Gates’ Breakthrough Energy Ventures to accelerate the development of its heat-based carbon block energy storage system for heavy industry. 

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.

The first phase of a 1,000MW behind-the-meter virtual power plant (VPP) is expected to begin deployment in Australia as soon as the state of Victoria’s COVID-19 lockdown is over.

The US state of Tennessee is set to join the advanced energy storage age with the deployment of a 40MWh stationary grid-connected battery storage plant.

Australian startup Vast Solar said it has picked a site in Queensland where it could develop a AU$600 million (US$427 million) power plant combining different low emissions technologies to provide baseload power cost-effectively over a 30-year lifetime.

Siemens Energy has formed a partnership aimed at sustainably decarbonising the industrial sector with Norway-headquartered thermal energy storage company EnergyNest.

Vattenfall will build an industrial lithium battery energy storage project in Sweden – at a plant which recycles lead acid batteries.