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.
On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.
Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.
The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).
The government of Queensland has committed to investing in a factory in the Australian state that will make flow batteries based on iron electrolyte technology.
The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.
Stanford University and Argonne National Laboratory will lead R&D efforts in emerging battery and energy storage technologies funded by the US Department of Energy (DOE).
After Redflow entered administration, Energy-Storage.news Premium speaks to Richard Hughes of Deloitte, appointed to evaluate the flow battery manufacturer’s options.
