South Korean energy company SK E&S has agreed to acquire Key Capture Energy, a developer, owner and operator of grid-scale battery energy storage systems (BESS) in various regions of the US including Texas and New York.
Solar PV module manufacturer and energy solutions company Q CELLS North America has invested in a portfolio of solar-plus-storage projects developed by Amped Solutions via a grid equity investment.
Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round.
Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.
Form Energy has closed its Series D financing round, with investors including steel company ArcelorMittal putting US$240 million into the Boston-headquartered iron-air battery startup.
Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.
Seasoned renewable energy lawyer Adam Walters from Stoel Rives argues that procurement in the battery storage space is currently like a sort of Wild West.
Battery storage startup Field has secured a pipeline of 160MW of battery storage sites in the UK, and begun construction of its first 20MW site in Oldham, England.
Approval has been granted for a 150MWh battery storage retrofit at a Queensland solar farm under development by Elliott Green Power Australia (EGP), a solar investment fund group currently seeking to sell off its assets and exit the industry.
