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long-duration energy storage

MGA Thermal CTO Alex Post (left) and CEO Eric Kisi (right), with some of the compay's Miscibility Gaps Alloy Blocks. Image: MGA Thermal
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Long-duration thermal energy storage startups Kraftblock, MGA Thermal raise funding

August 11, 2023
Kraftblock, a thermal energy storage startup based in Germany, and Australia’s MGA Thermal have secured funding to accelerate their technologies’ scale-up and commercialisation.
ESS Inc LEAG Germany

Iron flow battery player ESS Inc improves revenue position, says IP safe for ‘years to come’

August 9, 2023
ESS Inc has improved ability to recognise revenues and reduced direct costs of production of its flagship product by 30% in Q2 2023.
nostromo energy ice cold cool storage solution california department of energy loan programs office

US Department of Energy negotiating US$176 million loan with thermal storage startup Nostromo

August 9, 2023
US DOE Loan Programs Office has invited Nostromo into due diligence and terms sheet negotiations for a loan worth up to US$176 million.
eos energy
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Eos responds to short-seller report

August 2, 2023
Zinc battery firm Eos Energy Enterprises has responded to a short seller note which saw its share price nearly halve on Thursday last week.
energy vault gravity energy storage system evx china

Energy Vault starts commissioning EVx gravity energy storage system in China

August 2, 2023
Energy Vault has started commissioning its first commercial EVx gravity energy storage project in Rudong, China.
voltstorage-researchers

German flow battery firm VoltStorage gets €30 million EU-guaranteed EIB venture loan

August 1, 2023
Germany-based flow battery company VoltStorage has been granted a venture debt loan of €30 million (US$33 million) by the European Investment Bank (EIB), guaranteed by the European Commission.
View of Cruachan Dam at the site in Argyll, Scotland. Image: Drax.

Development consent granted for 600MW underground pumped hydro plant in Scotland

July 31, 2023
Drax Group has secured development consent for a 600MW underground pumped storage hydro (PSH) plant in Scotland, UK.
Invinity VS3 model vanadium redox flow battery of the type to be deployed by Horizon Power at Kununurra, Western Australia. Image: Invinity Energy Systems-VSUN.

ROUNDUP: Stellantis-Saft ‘breakthrough’, Azelio out of business, VRFBs for remote Western Australia

July 28, 2023
More news in brief from around the world in energy storage, featuring vanadium redox flow batteries (VRFBs), bankruptcy for a thermal storage startup and a new integrated lithium tech.
A grid-scale sodium-sulfur (NAS) battery storage site in Japan. Image: NGK Insulators.

Japanese utility putting 70MWh NGK NAS battery into energy trading markets

July 27, 2023
NGK Insulators will supply a sodium-sulfur (NAS) battery storage system to a project for utility Sala Energy in Japan’s Shizuoka Prefecture.
ESGC-summit-2023-DOE-office-of-electricity-via-Twitter

US Department of Energy adds US$30 million funding for long-duration and storage R&D

July 26, 2023
The US Department of Energy will commit US$30 million in new awards and funding opportunities for energy storage solutions.

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Officials in Rockingham County, Virginia, deny Special Use Permit for 600MWh BESS project

Evyon and Elywhere merge second life BESS and EV charging businesses

CATL launches 9MWh ‘two in one’ stacked BESS product in response to transportation weight limits

Sunrun quadruples California VPP from 2024 to 2025

Aypa Power upsizes corporate credit facility to US$1.05 billion to accelerate deployments

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