Vanadium flow battery supplier Invinity Energy Systems has signed a memorandum of understanding with the power and industrial systems arm of Korean conglomerate Hyosung Corporation to commercialise its batteries in South Korea and elsewhere.
LG Energy Solution will use proceeds from its initial public offering (IPO) this month to feed into growing the company’s manufacturing capacity significantly in Europe, the Americas and Asia.
Update 23 June 2021: LG Energy Solution has said that it was the supplier of battery storage rack equipment to Vistra Energy’s recently commissioned record-breaking project in Monterey County, California.
We talk about how solar and storage can be competitive with fossil fuels, how Solaredge is maintaining its own competitive advantage as well as some exclusive inside info on the company’s forthcoming residential battery energy storage systems.
SolarEdge is targeting a world where the “majority of solar systems will include storage”, according to CEO Guy Sella, as the company announced record revenues and shipments in the third quarter of 2018.