Industry
In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.
The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.
In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.
Advertisement
Advertisement
Advertisement
Latest News
Advanced sodium-ion battery prototypes now approaching 200 Wh/kg
An international team of scientists has reviewed recent advances in sodium-ion battery components, highlighting their potential as a lower-cost, more sustainable alternative to lithium-ion batteries. The researchers identify key challenges including lower energy density, shorter cycle life and manufacturing constraints, while pointing to advances in materials and electrolytes as important to future commercialization.
4 hours ago
Advertisement
US grants $490 million loan for 220 MW of battery capacity in Puerto Rico
Storage systems will be located in Arecibo and Santa Isabel. The US government estimates that it will be able to supply backup electricity to more than 100,000 customers and avoid around 13 million hours of service disruptions.
Iron-air battery startup Ore Energy raises $43 million in Series A funding round
Dutch long-duration storage developer Ore Energy has closed one of the sector's larger early-stage funding rounds this year, signaling investor appetite for battery chemistries that sidestep lithium supply constraints entirely.
Advertisement
All Industry news
Advertisement
Italian region allocates funding for renewables, energy storage for business
Sardinia's councillor for industry, Emanuele Cani, announced grant funding for small and medium-sized enterprises (SMEs) in the Sulcis Iglesiente mining region and said a wider program of help would be offered across the island in due course.
Why long-duration doesn’t pay – yet.
Despite growing recognition of long-duration storage’s importance, independent system operator (ISO) and regional transmission organization (RTO) market structures in the US still reward short-term response, leaving developers little financial incentive to build batteries with more than two hours of capacity.
Advertisement
Advertisement