China-based, energy storage-focused lithium-ion battery manufacturer Hithium has raised US$621 million from private investors.

Energy Dome, the European startup with a long-duration energy storage system technology based on CO2, has closed its Series B funding round.

Powin “very close” to announcing first US factory, company working to extend its reach into new markets including the UK.  

Any new energy technology asset class comes with risk that needs to be recognised, write Liam McEneaney and Daniel Stevens at AXIS Insurance.

Piotr Grudzień, innovation consultant at Bax & Company, proposes a plan to improve the efficiency of Li-ion battery reverse logistics in Europe.

Industry-watchers will closely follow how the recently completed acquisition of energy storage system integrator NEC ES by LG Energy Solution pans out.

Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March.

What will the impact of COVID-19 be on the energy storage market? And how best to learn to adapt to whatever the ‘next normal’ will be? Florian Mayr at cleantech advisory and consultancy group Apricum examines the bigger picture of “energy storage vs the virus”.

Eguana Technologies has signed a deal with contract manufacturer Jabil for the production of residential and commercial energy storage systems.