E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.
Zinc-air battery company e-Zinc has entered into a pilot project collaboration with Toyota Tsusho Canada (TTCI) to trial its energy storage system at a wind farm in Texas.
Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.
Study conducted by the Massachusetts Institute of Technology Energy Initiative has found energy storage can be a key enabler for the clean energy transition. Â
Battery energy storage system (BESS) developer Jupiter Power has closed a US$174.6 million portfolio debt financing for its six projects totalling 650MWh of storage in the ERCOT market in Texas.