Nuclear generation company Exelon and chemical company Albemarle, which has lithium mining facilities, are investigating opportunities in the energy storage space, having partnered with battery energy storage investor Volta Energy Technologies to do so.

Trina Best, the energy storage company begun as part of Trina Solar but now a separate entity in its own right, wants to go public by 2020 and has not ruled out building its own battery cell production facilities in future.