Chinese battery manufacturer Lingtech has unveiled a new BESS for utility-scale projects and large C&I applications. The 6 MWh/3 MW grid-forming BESS provides 3 MW of nominal AC output. “The core of the system lies in its ability to mimic…
Spanish software company Optimize Energy has launched a new version of its OptiBESS battery energy storage system (BESS) simulation platform, adding an integrated financial analysis module that combines technical modeling with revenue and project economics. The company said the platform…
Victoria’s State Electricity Commission (SEC) and Italian clean technology company Energy Dome have announced plans to develop the state’s first long-duration energy storage (LDES) facility.
A 19.8MWh battery energy storage system (BESS) is to be added to an existing solar-plus-storage facility in the Republic of Palau, with Australian development finance backing the expansion of one of the Western Pacific’s flagship hybrid renewable energy projects.
HMC Capital has launched Illuma Energy, a new identity that brings together the ASX-listed asset manager’s energy investment, development and operating activities under a single platform.
Peak Energy’s 183,000 square foot facility in Sacramento, California, will be capable of producing up to 4 GWh of sodium-ion batteries annually. It will cost around $71 million. The company, which is partially headquartered in the San Francisco Bay Area,…
Circular fashion marketplace startup Fleek announced that it has raised $25 million in a Series B funding round, with proceeds to be used to develop AI-powered technology enabling the second-hand fashion industry scale to meet growing demand. Founded in 2021…
Canadian climate-focused investor initiative Business Future Pathways (BFP) announced the release of a new draft of the methodology underlying the development of Canada’s Sustainable Finance Taxonomy, its upcoming categorization system aimed at helping investors to identify sustainable investments, and to…
Chinese storage manufacturer AlphaESS has introduced a new energy storage solution for C&I applications. The Storion-LC-TB150 system has a power rating of 150 kW and an energy storage capacity of 313 kWh. “The product has an ultra-low-noise design of less than 60…
Spanish renewable energy company Grenergy has launched a reverse auction to contract 1.5 TWh of annual renewable electricity supply in Chile through its subsidiary GR Power. The offering includes 960 GWh per year of battery-stored electricity for nighttime delivery and…