Home energy storage system provider NeoVolta has raised US$3.9 million in a Nasdaq uplisting, lower than initially planned amidst ‘tough capital markets’ according the company’s CFO.

Fluence’s share price jumped 25% on their first day of trading on the Nasdaq Global Select Market. 

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.

Energy storage technology provider Fluence is pursuing an IPO and has filed a Form S-1 with the US Securities and Exchange Commission (SEC). 

NASDAQ-listed zinc-based electrochemical battery storage provider Eos Energy Enterprises has said that a subsidiary of Koch Industries has committed to investing US$100 million into the company.

Iron electrolyte flow battery company ESS Inc has become the latest energy storage industry player to target public listing of its stock, announcing a merger with a special purpose acquisition company (SPAC).

While lithium-ion continues to dominate big project announcements worldwide, three providers of long-duration non-lithium battery technologies have claimed various milestones in commercialisation.

An agreement to buy 75% of Korean battery manufacturer Kokam gives SolarEdge a level of vertical integration that could make the PV company a ‘one-stop-shop’ for customers, while SolarEdge could diversify into areas outside solar energy.

Ideal Power, which supplies its battery converters to Sharp’s Smartstorage product in the US, has launched a range of power converters that the company claims are capable of adding grid-tied storage to megawatt-scale solar power projects.