Hydropower

NorthWestern Energy has announced plans to upgrade its 8-MW Madison Powerhouse with the installation of four new turbine-generator units. The turbines and generators in the Madison Powerhouse, on the Madison River about 10 miles north of Ennis, Mt., are 109 years old. The original powerhouse building will remain in place, largely unaltered, while four new...
Hydropower

Hydro Tasmania says it is accelerating detailed investigation of three key opportunities for pumped storage hydro development in the state as part of the Battery of the Nation initiative. Work has begun on a full feasibility assessment of pumped hydro development opportunities at Lake Cethana and Lake Rowallan in the northwest and near Tribute Power Station on the West Coast.
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.