Storage

Eos Energy Storage and energy equipment firm Holtec International are creating a joint venture to produce Eos’ next generation of large-scale zinc batteries. HI-POWER LLC will combine Eos’ automated battery manufacturing design and Holtec’s infrastructure experience to build a facility in Pittsburgh. The multi-GW manufacturing site will produce the new aqueous zinc batteries. “We are excited to...
Grid Scale

James Thornhill,  Bloomberg France’s Neoen SA has outlined plans to build a giant renewables complex in South Australia, including battery storage with up to nine times more capacity than the Tesla Inc. design at its nearby Hornsdale plant, which is billed as the world’s largest lithium-ion battery. The Goyder South project will include up to 1,200...
Grid Scale

Energy Vault, the creator of a new way to perform utility-scale energy storage, announced that SoftBank Vision Fund (Vision Fund) invested $110 million in its Series B funding round. Energy Vault will use the funds to accelerate global deployment of its technology, which enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day, said the company. As part of the investment, Andreas Hansson, Partner for SoftBank Investment Advisers, will join the Energy Vault board of directors.
DER

South Australian energy storage company 1414 Degrees and Stone & Wood Brewing Company have agreed to undertake a feasibility study for the integration of 1414 Degrees’ electrically charged Thermal Energy Storage System (TESS-IND).