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.
The cooling of commercial and industrial (C&I) buildings accounts for a significant percentage of energy use and greenhouse gas emissions (GHGs), but can instead be turned into “powerful energy assets.”
French utility EDF is launching a major solar-plus-battery storage hybrid initiative in England and Wales as part of plans to double its installed renewable base.
Australian stock exchange-listed flow battery manufacturer Redflow has scored a second order for its devices from the Rural Connectivity Group, a New Zealand-based telecommunications company.
UK stock exchange-listed dedicated energy storage fund has suspended all construction on assets currently in the works as it also announces the completion of the 10MW Lower Road project in southern England.
Batteries are to be used for reactive power services for the UK grid as part of a ‘world-first’ project to create a new reactive power market for distributed energy resources.