Another edition of news in brief from the UK, as the National Energy System Operator pledges to improve Balancing Mechanism ‘skip rates’ and a 1GW project gets local authority approval.
Gridstor, a US-based developer and operator of grid-scale battery storage systems, has kicked off construction of its first project in the Texas ERCOT market.
A total of US$17.6 billion was invested in the energy storage industry across 83 announced deals in the first nine months of the year, according to comms and market intelligence firm Mercom.
We take a look at the UK government’s latest proposal for its long-duration energy storage (LDES) cap-and-floor scheme, how it’s different from the initial one, and get the views of LDES technology firm RheEnergise.
Australian startup Green Gravity has secured AU$9 million in Series A capital funding to complete product development of its gravity-based energy storage technology.
Swedish-based developer OX2 has acquired a proposed 1GW onshore wind farm in Western Australia, which includes plans for a 100MW co-located battery energy storage system (BESS).
Form Energy, the US startup behind a battery technology that aims to cost-effectively provide 100-hour duration energy storage, has closed a Series F funding round.
