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.
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”.
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.
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.
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.
A new project called ‘Zero Carbon Lithium’ is being established in Germany by a start-up lithium exploration company with the aim of establishing carbon neutral lithium production.
The US utility-scale energy storage market is projected to maintain its position as the world’s largest and fastest-growing in the coming years, according to a new report from Guidehouse Insights.
The investment case for battery energy storage has really come of age and Ben Irons at grid-scale battery optimisation company Habitat Energy explains why, in this webinar and Q&A.
The reuse of electric vehicle (EV) batteries in stationary storage systems offers great possibilities, but investors still need to gain confidence in the ‘second life’ battery concept, the CEO of a company behind a new project in England has said.
While lithium-ion batteries continue to take the dominant share of new installations by some distance, there are a variety of other technologies looking to complement, combine or even compete. Panellists at the Energy Storage Digital Series looked at the questions of which energy storage technologies are the likeliest contenders for that future.
