In 2024, the energy storage sector saw a 5% increase in total investments, reaching $19.9 billion. However, a notable shift is evident with a decline in venture capital funding and a rise in debt and public market financing.
In 2024, the energy storage sector saw a 5% increase in total investments, reaching $19.9 billion. However, a notable shift is evident with a decline in venture capital funding and a rise in debt and public market financing.
The Salzburg Battery Storage Project, a 150 MW standalone installation in Midland Township, has received its permit, marking a significant milestone in the U.S. energy storage sector.
The Salzburg Battery Storage Project, a 150 MW standalone installation in Midland Township, has received its permit, marking a significant milestone in the U.S. energy storage sector.
This thermal storage infrastructure, combined with Elisa’s optimization, illustrates how energy flexibility helps reduce emissions and stabilize the electrical grid within a context of increasing district heating electrification.
This thermal storage infrastructure, combined with Elisa’s optimization, illustrates how energy flexibility helps reduce emissions and stabilize the electrical grid within a context of increasing district heating electrification.
Westbridge Renewable Energy is developing five new battery energy storage system projects in Alberta, totaling 539 MWh, strengthening Canadian energy infrastructure and supporting the transition to renewable energy.
Westbridge Renewable Energy is developing five new battery energy storage system projects in Alberta, totaling 539 MWh, strengthening Canadian energy infrastructure and supporting the transition to renewable energy.
CATL, the world's leading supplier of electric batteries, plans to raise $5 billion on the Hong Kong Stock Exchange to support its international expansion.
CATL, the world's leading supplier of electric batteries, plans to raise $5 billion on the Hong Kong Stock Exchange to support its international expansion.
Hydro has finalized the acquisition of all Hydrovolt shares, its former joint venture with Northvolt. This USD 7.6 million purchase aims to strengthen Hydro’s strategic position in battery recycling in Europe.
Hydro has finalized the acquisition of all Hydrovolt shares, its former joint venture with Northvolt. This USD 7.6 million purchase aims to strengthen Hydro’s strategic position in battery recycling in Europe.
Saudi Electricity Company announces a strategic energy storage project, distributed across five sites and involving 2,500 MW of installed capacity. Two major players, BYD and Alfanar, share the work.
Saudi Electricity Company announces a strategic energy storage project, distributed across five sites and involving 2,500 MW of installed capacity. Two major players, BYD and Alfanar, share the work.
Sodion Energy and UNIGRID join forces to supply 10 MWh of sodium-ion batteries, targeting sustainable mobility and energy storage markets in Southeast Asia.
Sodion Energy and UNIGRID join forces to supply 10 MWh of sodium-ion batteries, targeting sustainable mobility and energy storage markets in Southeast Asia.