“We need to allow the technology to show us what the most cost effective solution for 10-20-hour duration energy storage is”, managing director of Adaptogen Capital James Mills says.
Developer Lion Storage has successfully reached financial close on a 1.4GWh battery energy storage system (BESS) set to be developed in the Netherlands.
Toronto, Ontario-headquartered Hydrostor has secured a US$200 million investment for its advanced compressed air energy storage (A-CAES) projects both in Canada and globally.
Invinity Energy Systems and Frontier Power have partnered to deploy vanadium flow batteries under the UK Long Duration Energy Storage (LDES) procurement process.
Allegro Energy, an Australian-based developer of water-based redox flow battery energy storage solutions, has been awarded AU$1.85 million (US$1.17 million) in federal government funding to scale its technology.
Australia’s Victoria government has fast-tracked the approval process for a 1.8GWh battery energy storage system (BESS) being pursued by developer Birdwood Energy.
The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.
Energy storage developer and system integrator Energy Vault has been tapped by Victoria’s State Electricity Commission (SEC) to deliver a 100MW/200MWh government-owned battery energy storage system (BESS) in Australia.
