FreeWire Technologies, a battery-integrated EV charging solution provider, has raised US$125 million in new capital from global asset manager BlackRock and other investors.

A solar-plus-storage power plant, deployed at the site of an opencast lignite mine in Germany, is almost ready to go into action.

Insurance is a cornerstone of de-risking financing and investment into energy storage

India will not be able to meet its aim of becoming a global leader in battery manufacturing unless it establishes a value chain that embraces recycling.

The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).

Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.

The new edition of PV Tech Power is now available to download.

D. E. Shaw Renewable Investments has signed a solar and battery energy storage system PPA totalling 200MWac/400MWh with a local utility.