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terra-gen valley center battery storage

NREL: US utility-scale energy storage costs grew 11-13% in Q1 2022

December 1, 2022
Energy storage costs in the US grew 13% from Q1 2021 to Q1 2022, said the National Renewable Energy Laboratory (NREL) in a cost benchmarking analysis.
KORE

KORE Power closes first US$75 million tranche of fundraise round

December 1, 2022
KORE Power, a company developing a lithium-ion gigafactory project in the US, has closed the initial $75 million tranche of a US$150 million fundraising round.
tesla

Tesla EV battery packs repurposed into energy storage systems in Finland and California

November 30, 2022
Finland and California-based second life energy storage firms Cactos and Smartville Inc have raised nearly US$10 million to commercialise systems using repurposed Tesla EV batteries – we talk to both company founders.
Kontrolmatik

Turkish firm Kontrolmatik expects US$900 million in IRA incentives for US gigafactory

November 29, 2022
Turkish company Kontrolmatik Technologies expects over US$900 million in incentives from the Inflation Reduction Act to 2032 for its US gigafactory, with Powin one of its first offtakers.
MidAmerican's five coal plants make it the single biggest carbon polluter in the state, the groups said. Image: Emma Colman, Sierra Club.

Iowa utility urged to put renewables and batteries over coal in long-term plans

November 24, 2022
MidAmerican’s plan to continue burning coal at five Iowa power plants environmentally harmful, more costly than low-carbon alternatives.
v2g electric school bus highland electric fleets

How V2G fits into the strategy of one of US’ biggest electric school bus companies

November 23, 2022
We catch up with Sean Leach, director of technology and platform management for Highland Electric Fleets about how vehicle-to-grid (V2G) fits into the company’s strategy.
Electriq Power

US home energy storage firm Electriq Power to list via SPAC merger at nearly US$500 million valuation

November 16, 2022
Electriq Power looks set to become the latest in a series of SPAC listings in the energy storage sector, with the US home energy storage firm set to hit a US$495 million valuation.
energy vault

Energy Vault expands into Europe, green hydrogen and starts building gravity storage system in US

November 16, 2022
Energy Vault has provided a dizzying variety of updates in its Q3 results, covering European battery storage, a green hydrogen system, a new CFO and its gravity-based energy storage deployments in the US and China.
blackrock jupiter power

BlackRock buys US battery storage developer Jupiter Power

November 15, 2022
Asset manager BlackRock has acquired US battery energy storage developer Jupiter Power from EnCap Investments.
China is home to most of the world's biggest manufacturers, like CATL (pictured) as well as having a controlling hand in much of the global raw materials and processing capacity. Image: CATL

BloombergNEF: China dominates global battery supply chain again with followers in flux

November 15, 2022
China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux.

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Invinity gets 15MWh flow battery order from Taiwan

NREL: US utility-scale energy storage costs grew 11-13% in Q1 2022

KORE Power closes first US$75 million tranche of fundraise round

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Ireland launches consultation on energy storage policy framework

Approved: First BESS to share existing generator grid connection in Australia’s NEM

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