ATLANTA, GA (Apr 30, 2024) – Southern Company, through a subsidiary, has made an early-stage investment in Johnson Energy Storage (JES). This investment reflects Southern Company''s long-standing commitment to provide clean, safe, reliable and affordable energy solutions to customers, as well as its commitment to supporting and advancing ...
Energy Group has had certain experience with regard to innovative energy storage solutions. In 2016, Energa Operator built a storage system near Puck with 0.75 MW power and 1.5 MWh capacity. The capacity of the new hybrid system in …
Honeywell has invested $27.5 million into ESS common stock; purchasing 16.5 million shares at $1.67 per share. Honeywell also received a warrant to purchase an additional 10.6 million shares for $20 million at $1.89 per share. Honeywell also announced its intention to purchase up to $300 million of ESS products, with $15 million prepaid.
GIGA Storage is a Netherlands-headquartered developer, investor, and operator of large-scale energy storage projects, with a project pipeline of 420 MWh in the Netherlands and Belgium. The company has operational projects in Lelystad that have a combined capacity of 57 MWh. The investment amount was not disclosed by the parties.
SoftBank to invest $110m in brick tower energy storage start-up. Other similar technologies include the use of excess energy to compress and store air, then …
Spun out of the U.S. Department of Energy''s Argonne National Laboratory in 2017, Volta''s expert team assesses the crowded field of battery and energy storage innovations and invests in those breakthroughs with the …
British company Connected Energy, which builds stationary energy storage systems based on retired electric vehicle batteries, has raised £15 million from five new investors – including Swedish commercial vehicle group Volvo Group. The Volvo Group (not to be confused with carmaker Volvo Cars) alone is investing around £4 million …
With this system, solar energy can be utilized optimally and reduce energy costs, providing WHA Industrial Estate''s utility system with better energy security and stability. This solar energy project with BESS also helps save approximately THB 4 million in energy per year, while lowering CO 2 emissions by 10,500 tons, in line with the …
As the world moves away from fossil fuels and towards renewables, the question of storing energy becomes crucial. For several years, ENGIE has been investing in research and innovation. The Group …
He added the company aims to integrate advanced Chinese technology to improve the flexibility of the power grid in the UK and is planning to develop various kinds …
Highview Power has developed its Liquid Air Energy Storage technology in the UK over the last 17 years (with support from the UK Government''s Department of Energy Security and Net Zero). The technology can store renewable energy for up to several weeks, longer than battery technologies, and is ready to be deployed across key …
Iberdrola has invested €3 million (US$3.26 million) in a stake in Kyoto Group, a Norway-headquartered thermal energy storage startup. Kyoto produces a modular thermal storage unit called Heatcube. …
Energy storage systems can relieve the pressure of electricity consumption during peak hours. Energy storage provides a more reliable power supply …
"We believe that energy storage, in both fixed and mobile applications, is crucial for the sustainable energy shift," says Thijs Nijland, investment manager at ABN AMRO SIF. Recognising the huge potential …
A battery storage subsidiary of maritime company BW Group has committed to investing in Swedish energy storage developer Ingrid Capacity. Ingrid Capacity said this morning it had secured "around SEK1 billion (US$96.7 million)" of investment from Singapore-headquartered shipping and maritime player BW Group''s BW …
Alzenau, 23 October 2023 – The globally operating technology and construction group STRABAG invests in the development and production of secure, sustainable, and affordable energy storage solutions. By joining forces with storage producer CMBlu Energy ...
MTR Lab, a subsidiary of Hong Kong''s railway operator that invests in technology, has invested in local battery-powered energy storage system provider Ampd Energy to fund its expansion projects ...
A global technology company, Sunlight Group is one of the world''s leaders in the energy storage sector, passionate about providing the most innovative solutions for our key industries. Member of the Olympia Group Sunlight Group is member of Olympia, an international investment Group with a diversified business ecosystem that spans eight …
Construction works have begun on Poland''s largest electricity storage system with target rated power of 6 MW and energy storage capacity of 27MWh The hybrid storage …
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 20-21 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place.
Peak Energy has developed an innovative sodium-ion-based energy-storage solution that is expected to be more cost-effective, durable, and easier to mass produce domestically. Considered to be more abundant and less expensive, sodium is available in large reserves, particularly within the United States, which significantly …
The development of energy storage technology is strategically crucial for building China''s clean energy system, improving energy structure and promoting low …
BW Group''s operational headquarters are in Singapore, and the company has had a strong presence in. Scandinavia for the past 20 years. For media enquiries, please contact: Mikaela Sundström. Ingrid …
10.17.2022. Share. (Scotland to be site of potential third pumped storage project developed by ILI Group) Energy transition fund Foresight Energy Infrastructure Partners (FEIP) has made its first investment in pumped storage hydro technology, to help construct a combined pumped storage and wind facility in Scotland. The project will be located ...
Including Tesla, GE and Enphase, this week''s Top 10 runs through the leading energy storage companies around the world that are revolutionising the space. …
Bergen, Norway and Richmond, B.C., Canada- August 12, 2019. Corvus Energy is pleased to announce that it has finalized an investment deal with Shell Ventures. The investment is a step towards Shell''s ambition to decrease the carbon footprint of the energy products they sell by around 20% by 2035 and by around 50% by 2050, in step …
MTR Lab, a subsidiary of Hong Kong''s railway operator that invests in technology, has invested in local battery-powered energy storage system provider Ampd Energy to fund its expansion...
Although there are different forms of energy storage (thermal, long-duration, etc.), many storage projects consist of large-scale lithium-ion batteries linked to …