Canadian investment firm buys UK firm Green Frog Power

Canadian investment firm buys UK firm Green Frog Power 150 150 Energy Storage Journal

August 19, 2021: The Investment Management Corporation of Ontario on August 5 said it had agreed to buy Green Frog Power, a UK firm that develops and operates flexible generation projects in the UK. Once the sale is complete, IMCO has pledged to spend up to £288 million ($397 million) to transform Green Frog into…

10,000 LG Chem lithium batteries recalled over fire hazard

10,000 LG Chem lithium batteries recalled over fire hazard 150 150 Energy Storage Journal

August 19, 2021: Around 10,000 residential storage system lithium batteries by LG Chem subsidiary LG Energy Solutions have been recalled because of a fire hazard, the US Consumer Product Safety Commission announced on August 4. The RESU 10 (Type-R) batteries were recalled after warnings were issued that they ‘can overheat, posing a risk of fire…

Ecobat buys lithium battery recycler Promesa, completes top team

Ecobat buys lithium battery recycler Promesa, completes top team 150 150 Energy Storage Journal

August 19, 2021: Battery recycler Ecobat has expanded its recycling operations with the purchase of the Germany-based lithium-ion battery recycler Promesa, the company announced on July 26. With its central location of Hettstedt, a dominant car manufacturing and lithium battery area, Promesa ‘provides Ecobat a crucial entry point in one of the most critical markets…

Golden State approves Energy Code for all new buildings

Golden State approves Energy Code for all new buildings 150 150 Energy Storage Journal

August 19, 2021: The Energy Code approved by California’s Energy Commission on August 11 will mean all new buildings must have solar panels and battery storage included in the build, among other requirements. Solar and storage use is to be expanded to high-rise apartments, hotel and motels, tenant spaces, offices and clinics, retail and grocery…

AGL Energy hires Wärtsilä for first grid-scale battery installation

AGL Energy hires Wärtsilä for first grid-scale battery installation 150 150 Energy Storage Journal

August 19, 2021: Australian integrated energy company AGL Energy has appointed Wärtsilä to supply a 250MW/250MWh battery storage system, the second largest in the country after Tesla’s Hornsdale Power Reserve, the company announced on August 9. The Torrens Island installation, located near Adelaide, is the company’s first grid-scale storage project, and on completion will support…

Ambri secures $144 million to commercialize and expand

Ambri secures $144 million to commercialize and expand 150 150 Energy Storage Journal

August 19, 2021: Long-duration storage firm Ambri Inc has received a $144 million investment from Reliance Industries, Ambri announced on August 9. Reliance New Energy Solar led the financing round, which reaped investment from Ambri’s largest shareholder, Bill Gates, among other new investors. The money will be used to build manufacturing facilities in the US…

Form Energy reveals 100-hour storage chemistry

Form Energy reveals 100-hour storage chemistry 150 150 Energy Storage Journal

August 5, 2021: Form Energy on July 22 revealed the chemistry of its first commercial product, which it says can deliver electricity for 100 hours at less than a tenth of the cost of a lithium-ion battery. Its first system will be with the Minnesota utility Great River Energy. The firm also announced a $200…

RES hired to operate UK 100MW/100MWh installation

RES hired to operate UK 100MW/100MWh installation 150 150 Energy Storage Journal

August 5, 2021: Renewable energy firm RES was on August 4 awarded the operations and maintenance contract at Minety, a 100MW/100MWh grid back-up battery in the UK that is being touted as Europe’s largest. The battery will eventually be even bigger, with planning permission already granted for an extension of 50MW. Chinese firm China Huaneng…

Li-Cycle appoints vice president of Asian business

Li-Cycle appoints vice president of Asian business 150 150 Energy Storage Journal

August 5, 2021: Canadian lithium battery recycler Li-Cycle has appointed Li Dawei as vice-president of its Asian business, the company said on July 27. Li will oversee business development in Asia and the rolling out of battery recycling across the continent, which is fast becoming the industry powerhouse. “The Asian lithium-ion battery market is the…

Oxis Energy assets and IP sold to Johnson Matthey

Oxis Energy assets and IP sold to Johnson Matthey 150 150 Energy Storage Journal

August 5, 2021: The sale to Johnson Matthey of Oxis Energy, the lithium sulfur battery developer, was finalized on July 28 just over two months after the company was placed in administration on May 19. BDO, the business restructuring firm brought in to deal with the sale, said Johnson Matthey would take over the premises…