The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.

Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.

There’s barely time to catch our breath before 2023 begins but here’s a chance to look back with the top picks of our content from 2022.

Hyme Energy will deploy a 20-hour hydroxide molten salt-based thermal energy storage system in Rønne, Denmark, for 2024 while Azelio has just completed the installation of a unit in Dubai, UAE.

With nearly half of global emissions coming from heat processes, clean long duration energy storage (LDES) which can store thermal energy are crucial for decarbonisation, says a new LDES Council report.

Utility and power generation company Enel Group and Brenmiller Energy have inaugurated a thermal energy storage system in Italy using the latter’s proprietary bGen technology.

The Solar Energy Corporation of India (SECI) is seeking proposals for non-battery energy storage projects to supplement renewable energy generation, and will cover up to 100% of project costs.

Norway-based thermal energy storage company Kyoto Group has signed a letter of intent (LOI) to deploy an 88MWh system in Spain in the second half of 2023.

ARENA funding will support Hydrostor’s advanced compressed air energy storage (A-CAES) project in New South Wales.

Another edition of our news in brief from around the world in energy storage.