Energy storage

A massive, multibillion-dollar renewable and fossil-fuel energy project is underway in China. The installation, being built by China Three Gorges (CTG), includes wind, solar, energy storage and coal-fired power generation. Ground was broken for the first pilot of the Kubuqi Base project in Dalate Banner, Ordos, Inner Mongolia on Dec. 28, 2022, according to Chinese […]

A battery manufacturing company with plenty of high-profile financial backing said it has picked a site for its first factory that will build “iron-air” batteries. Form Energy touts its technology as a breakthrough for long-duration storage of solar and wind power. Form, which counts Microsoft founder Bill Gates, Amazon’s Jeff Bezos, and British tycoon Richard […]

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 […]

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 […]

CALGARY, Alberta, Nov. 15, 2022 – Orennia Inc. (Orennia), a leading technology platform that provides data, analytics and insights to key players in the energy transition sector, announces one of its newest partnerships with cutting-edge energy storage integrator FlexGen. FlexGen and Orennia were first connected from an industry-leading research report that Orennia published highlighting top-performing battery […]

Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]

Battery storage systems from Rolls-Royce make an important contribution to the success of the energy transition VISPIRON uses mtu EnergyPacks in solar parks in Germany Rolls-Royce has already delivered six of a total of eight mtu EnergyPacks to VISPIRON, the southern German provider of sustainable mobility and energy solutions. The battery storage systems have largely […]