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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. barrel per ton of feedstock.

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Hydro-Québec launches EVLO subsidiary specializing in energy storage systems

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Hydro-Québec has launched EVLO Energy Storage Inc. EVLO ), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. EVLO systems also include power control and energy management software. Energy storage will play a crucial role in the energy transition.

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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. Rimac Energy will produce its pilot systems for selected customers this year with commissioning in 2024. All products are fully designed, developed, and produced in Europe.

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New long-duration, extended capacity Na-Al battery design for grid storage

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Researchers led by the Department of Energy’s Pacific Northwest National Laboratory (PNNL) have extended the capacity and duration of sodium-aluminum batteries. Sodium and aluminum are a natural combination of inexpensive, abundant elements as a redox pair for battery energy storage. of peak charge capacity. —Weller et al.

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Tesla energy storage deployment increases 152% year-over-year

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Tesla Energy achieved a number of key milestones in the fourth quarter. As per Tesla’s Q4 and FY 2022 Update Letter, energy storage deployments actually grew by 152% year-over-year in the fourth quarter to 2.5 All in all, Tesla Energy was able to deploy 6.5 GWh, for a total deployment of 6.5 Credit: Tesla Inc.

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Qatar invests $125M in energy storage company Fluence

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Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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US DOE releases Grid Energy Storage report

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The US Department of Energy (DOE) released its Grid Energy Storage report to the members of the Senate Energy and Natural Resources Committee. of total electric production capacity) of grid storage, 95% of which is pumped storage hydro. GW (approx. Industry acceptance.