Companies in the battery storage sector attracted US$11.4 billion in corporate funding in the first nine months of 2021, a 363% rise on the same period of last year.
Special purpose acquisition company (SPAC) Novus Capital Corporation II chose to merge with novel gravity and kinetic energy-based storage Energy Vault after receiving target proposals from more than 100 different firms.
Vanadium flow batteries are considered a leading light of the push towards technologies that can meet the need for long-duration energy storage. Not least of all by the companies that mine the metal from the ground. Andy Colthorpe learns how two primary vanadium producers increasingly view flow batteries as an exciting opportunity in the energy transition space.
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.
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.
A long-duration energy storage system using NGK’s sodium-sulfur (NAS) batteries has been commissioned by a subsidiary of German chemicals company BASF, which seeks out high growth opportunity businesses to work with.
An order for 8.5MWh of iron electrolyte flow battery energy storage systems (ESS) has been received by US manufacturer ESS Inc from Enel Green Power’s Spanish arm.
Four flow battery manufacturing research and development (R&D) projects will each receive a share of US$17.9 million funding from the US Department of Energy (DoE).
A Request for Proposals (RFP) has been issued for a 500MW pumped hydro energy storage project at a reservoir in California by the San Diego County Water Authority.