investment

August 13, 2020
As demand for lithium-ion batteries from the solar energy industry grows, high standards of manufacturing processes are as important as cell design and materials, representatives of PI Berlin have said.
August 12, 2020
The UKs largest council-owned battery storage site, the 30MW Fideoak Mill site, is now fully operational and able to participate in delivering multiple revenue-generating services.
August 11, 2020
News in brief from around the world in energy storage.
August 10, 2020
While energy storage is still a small part of their respective businesses overall, recent quarterly financial reports from US-based geothermal company Ormat and standby generator maker Generac emphasised expectations of market growth going forwards.
August 7, 2020
AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year.
July 31, 2020
Germany company Voltstorage, claiming to be the only developer and maker of home solar energy storage systems using vanadium flow batteries, raised €6 million (US$7.1 million) in July.
July 31, 2020
Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”.
July 29, 2020
Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
July 24, 2020
US equipment manufacturer and engineering solutions company Honeywell has signed a contract to supply what is thought to be the Ukraine’s first large-scale battery energy storage system.
July 23, 2020
Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.

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