Analysis and Features

Softbank Vision Fund invests in Energy Vault to enter energy storage sector 150 150 Energy Storage Journal

Softbank Vision Fund invests in Energy Vault to enter energy storage sector

August 22, 2019: Softbank Vision Fund has entered the energy storage sector for the first time, with a $110 million investment on August 14 in Swiss/US renewables firm Energy Vault,…

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GlidePath announces battery storage in 149MW wind farm purchase in Texas 150 150 Energy Storage Journal

GlidePath announces battery storage in 149MW wind farm purchase in Texas

August 22, 2019: Distributed power firm GlidePath bought 149MW of wind farms in North Texas on August 20, with the intention of adding battery storage in what would be the…

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Western Farmers Electric signs 700MW PPA that includes storage 150 150 Energy Storage Journal

Western Farmers Electric signs 700MW PPA that includes storage

August 6, 2019: Western Farmers Electric Cooperative — a cooperative utility operating mostly in the US states of Oklahoma and New Mexico — announced in July it had agreed a…

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Molymet drops plans for battery parts factory in Chile despite generous lithium offer 150 150 Energy Storage Journal

Molymet drops plans for battery parts factory in Chile despite generous lithium offer

August 6, 2019: Chilean molybdenum miner Molymet has pulled out of a battery parts factory project in Chile despite the deal giving it cheap access to lithium, news agency Reuters…

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Australia gives go-ahead to country’s first compressed air storage facility 150 150 Energy Storage Journal

Australia gives go-ahead to country’s first compressed air storage facility

August 6, 2019: Australia’s government gave the go-ahead in July for the country’s first compressed air energy storage facility, to be provided by Canadian firm Hydrostor’s Australian subsidiary Hydrostor Australia.…

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RedT sets out terms to merge with flow battery firm Avalon 150 150 Energy Storage Journal

RedT sets out terms to merge with flow battery firm Avalon

August 6, 2019: UK vanadium flow battery firm RedT outlined terms on July 25 to merge with Avalon Battery Corporation, the San Francisco-based flow battery company. It will also look…

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Hybrid floating solar/hydro system for Thailand 150 150 Energy Storage Journal

Hybrid floating solar/hydro system for Thailand

August 6, 2019: Petrochemical firm Chemicals Business, SCG and floating solar company Ciel & Terre have signed a memorandum of understanding to develop a floating solar system for hydro dams…

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After Giga, Mega: Tesla launches 3MWh scalable utility ESS 150 150 Energy Storage Journal

After Giga, Mega: Tesla launches 3MWh scalable utility ESS

August 6, 2019: Tesla has launched a 3MWh ‘Megapack’ scalable utility energy storage system, the company announced on July 29. It is the first product by the company specifically for…

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European residential storage at tipping point as solar+storage nears grid parity 150 150 Energy Storage Journal

European residential storage at tipping point as solar+storage nears grid parity

August 6, 2019: The European residential storage market deployment base is expected to grow five-fold to 6.6GWh by 2024, according to research from analysis firm Wood Mackenzie released in early…

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Eos Energy makes three top-level appointments 150 150 Energy Storage Journal

Eos Energy makes three top-level appointments

July 25, 2019: Eos Energy Storage, the US zinc hybrid cathode battery maker, has restructured its management team with three new senior appointments, the company announced on July 23. Joe…

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