Research firm IHS Markit has said that 2021 marks the start of a continued period of rapid growth for the global energy storage industry, forecasting more than 12GW installations in total this year.
A 390MW order for Sungrow’s battery energy storage system (BESS) equipment has been booked by US energy storage project developer, owner and operator Key Capture Energy.
US$100 million has been invested into North American lithium-ion battery recycling specialist Li-Cycle by a venture capital (VC) subsidiary of fossil fuels industry giant Koch Industries.
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With the catastrophic impacts of climate change seen around the world, there is little time left to act but energy storage has a huge opportunity to be part of the solution, the audience at World Energy Storage Day online conference heard today.
Lithium battery recycling company Li-Cycle is planning its fourth facility in North America, the company said, as it made its first financial results release since listing on the New York Stock Exchange (NYSE) in August.
US Vanadium has followed up a recent commitment to ramp up its flow battery electrolyte production with a deal to secure vanadium feed material and the acquisition of a processing plant near its existing facilities in Arkansas.
Supply chain disruptions caused by the COVID-19 pandemic hit Canada-headquartered residential and small commercial battery storage company Eguana Technologies’ sales figures hard, the company has said.
A “once-in-a-generation” commitment to invest in the US’ national infrastructure includes financial support for energy storage supply chains and renewable energy deployment, but not the investment tax credit for standalone energy storage.
