UK-headquartered asset manager Gresham House has partnered Irish developer Strategic Power Projects to develop a solar and storage pipeline with a combined capacity of over 1GW.

The opportunities for energy storage in the US continue to grow and grow, but moving away from contracted revenue structures to merchant risk projects will be a challenge, especially for lenders. 

Shares and warrants of iron flow battery provider ESS Inc have commenced trading on the New York Stock Exchange (NYSE). 

Energy storage is a key enabler of net zero emissions in the UK, but some unresolved challenges still make it a complex sector to navigate, as Antonia Silvestri and Gary Roscoe, partners at law firm TLT, explain.

This edition of news in brief in energy storage comes from a busy week in the UK.

Northvolt has announced an expansion to its R&D centre in Sweden which will turn the facility into “Europe’s leading campus for battery technologies”.

Eos Energy Enterprises, the NASDAQ-listed US manufacturer of zinc-based battery storage technology, has secured an equipment financing deal that will aid its efforts to increase manufacturing capacity.

News in brief from around the world in energy storage.

US$100 million has been invested into North American lithium-ion battery recycling specialist Li-Cycle by a venture capital (VC) subsidiary of fossil fuels industry giant Koch Industries.

Fluence’s initial public offering (IPO) and NASDAQ Global Select Market listing could be a “landmark” event that opens doors for the energy storage and renewable energy industries, a clean energy finance expert has said.