Italy-based Energy Dome, the maker of a proprietary CO2-based long-duration energy storage system, has closed the second tranche of its Series B, raising another €15 million bringing the total to €55 million (US$62 million).
The commercial manager for Balance Power, one of two UK developers to have announced project approvals this week, has questioned whether the market standard 2-hour duration is enough for net zero.
Energy-Storage.news speaks with Jason Rioux, chief development officer at NRStor, a company at the forefront of Canada’s storage sector for over a decade.
Demand for electricity is growing in Ontario for the first time since 2005, and a new plan from the Canadian province sees a diverse low carbon energy portfolio as the answer.
Rondo Energy, which counts Bill Gates’ Breakthrough Energy Ventures among its investors, intends to scale up annual production capacity of its thermal storage tech to 90GWh.
Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has expanded its manufacturing facility in Vancouver, Canada, to 200MWh of annual capacity.
Iron-saltwater flow battery company ESS Inc looks set to deploy by far its largest project to-date, a 50MW/500MWh system at a renewables hub from German energy firm LEAG, with potential for more.
