UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.
US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.
Inlyte Energy has completed a seed funding round to develop its iron and salt-based battery technology, which it claims has high efficiency, long lifetime, ‘competitive’ energy density, excellent safety and an ultra-low cost.
Tesla’s energy storage business enjoyed its highest quarter of deployments to date as growth of its electric vehicle (EV) business slowed and earnings fell below analysts’ expectations.
Energy storage system (ESS) executives from Northvolt and Fluence discussed the battery and battery storage manufacturing ecosystem in Europe in separate interviews whilst at the Energy Storage Summit Central Eastern Europe (CEE) recently.
“We think this is the first battery cell which is designed from the end users’ point of view, based on how they want to use it,” EVE Energy’s head of energy storage Steven Chen says.
Canada-based firm Moment Energy has secured UL 1974 certification for second life energy storage production, the first in North America to do so, the company said.
Northvolt intends to use its vertical European supply chain to differentiate itself in a ‘fiercely competitive’ energy storage market, executives said.
Energy-Storage.news caught up with Yann Brandt, chief commercial officer (CCO) at FlexGen, the US system integrator with a strong focus on software through its Hybrid OS controls platform.
