Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas.

Utility Xcel Energy has received a US$20 million grant commitment from VC firm Breakthrough Energy for projects using Form Energy’s iron-air battery, while a sodium ion battery firm has secured bridge financing.

The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million (US$37.5 million) in grants for long-duration energy storage (LDES) projects from Synchrostor, Invinity Energy Systems and Cheesecake Energy.

NextEra’s eight-hour energy storage project in California will use lithium-ion technology, but ‘battery chemistry did not play a major role in project evaluation’, offtaker Clean Power Alliance told Energy-Storage.news.

Invinity Energy Systems will deploy a partially grant-funded 7MW/30MWh vanadium redox flow battery (VRFB) system in the UK as the company scales up its project sizes.

Long-duration energy storage (LDES) firm e-Zinc is targeting a gigafactory in the US by 2025 and is considering adjusting its planned project with Toyota Tsusho, it told Energy-Storage.news.

Long-duration energy storage (LDES) may be in something of a ‘dot com’ moment, but grid operators cannot afford the ‘hiccup’ of any bubble bursting, a senior ISO manager said at Energy Storage Summit USA.

Enel X and Magaldi Group have begun construction on 13MWh thermal energy storage plant based on patented technology.

National science agency CSIRO has said Australia needs multiple energy storage technologies at massive scale to achieve its transition.

The government of New Zealand considering viability of pumped hydro among its options to plug energy deficits of between 3TWh and 5TWh.