Dragonfly Energy Corp, a battery technology company that with a patented solid state battery technology, has completed a listing through a merger with a SPAC.
SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.
Lithium-ion battery pack manufacturer Dragonfly Energy expects revenues to increase 47% this year, during which it will complete a Nasdaq listing through a SPAC merger, before doubling in 2023.
Energy Vault has got its New York Stock Exchange (NYSE) listing after the gravity-based energy storage company’s merger with special purpose acquisition company (SPAC) Novus Capital Corporation II completed.
A 100MWh gravity-based energy storage system developed by Energy Vault is expected to begin construction in China in the second quarter of this year, the Swiss-American startup has claimed.
Gravity-based energy storage technology company Energy Vault has formed a strategic partnership with non-ferrous metals smelting and refinery company Korea Zinc, including a US$50 million investment commitment.
Fluence’s initial public offering (IPO) and NASDAQ Global Select Market listing could be a “landmark” event that opens doors for the energy storage and renewable energy industries, a clean energy finance expert has said.
Stem Inc said that its portfolio of aggregated battery energy storage systems was called into action to help balance electricity networks across four different states and provinces in the US and Canada during heat waves in June.
Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
