Energy Storage

As the world looks toward innovative technology to help reduce the carbon footprint, scarcity of resources has become a significant challenge. With no single technology being enough to accommodate the green transition, we’re seeing massive investments in both fuel cell- and battery-related technologies. Some large-scale investments include new battery technologies for electric vehicles (EVs), wind […]

Dec. 16, 2022 — Zenobē, a leading EV fleet and battery storage specialist, has today announced it will join forces with JERA Americas, the U.S. subsidiary of JERA, the largest power generation company in Japan, to develop battery storage projects in New York and New England. The collaboration is a key milestone in securing clean […]

EY earlier this month released the findings from its Energy Consumer Survey 2022. The report is “focused on how energy impacts the lifestyles and wallets of consumers,” according to the company. EY is the trade name for Ernst & Young, the multinational professional services group headquartered in London, UK. The report is based on a […]

Charlotte, NC, Dec. 15, 2022 — Cirba Solutions, the largest and most comprehensive battery management and materials processor for end-of-life batteries and gigafactory manufacturing scrap, has received a $245 million minority investment from the EQT Infrastructure V fund (“EQT Infrastructure”). The Heritage Group, a fourth-generation family-owned business managing a diverse portfolio of companies focused on […]

Madrid, Spain (Dec. 13, 2022) — ACCIONA Energía has signed an agreement with Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation, to acquire the battery energy storage system (BESS) project Cunningham, the largest of its kind in Texas, scheduled for commissioning in the first quarter of 2023. The deal also includes the […]

ARLINGTON, Va., Dec. 13, 2022 – Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, today announced a strategic plan to develop Fluence-made battery packs, with production set to begin in early 2024 in the United States. The move is intended to […]

NEW YORK — Dec. 7, 2022 — CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC (“NineDot Energy”), a leading developer of distributed community energy projects in the New York City metro region. NineDot […]

NORCROSS, GA. (December 5, 2022) – Hyundai Material Handling, Norcross, GA, and OneCharge, Inc., Garden Grove, CA, have entered into a strategic partnership to provide advanced lithium ion (Li-ion) battery technology to Hyundai’s North American dealer network and their customers. Research indicates that by 2030 70% of all electric forklifts will be powered by Li-ion […]

According to Elon Musk, solar and batteries go together like peanut butter and jelly. The sustainability of renewable energy relies on the deployment of energy storage systems for the storage of energy harnessed by renewable sources. The reduction in the cost to manufacture battery energy storage systems (BESSs) has catapulted the use of these types […]

Solar + wind, solar + storage, wind + storage—even fossil fuels combined with renewable energy—are supporting the growth of hybrid power plants that are breaking the norms of traditional power generation