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SwRI forms joint industry program to investigate safety, longevity of grid-connected energy storage systems

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Southwest Research Institute (SwRI) has launched a new Joint Industry Program (JIP) to investigate energy storage systems for the grid. Over the course of its life, a grid-connected battery must respond slowly or suddenly, depending on the grid demands. The current monitoring standards are insufficient.

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DOE awards $2.4M to 3 projects for next-generation grid energy storage

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The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. WE New Energy 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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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 Technology is the Rimac Group entity that designs, engineers and produces high-performance EV components and systems to help the industry build hybrid and electric vehicles.

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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.

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DOE releases draft energy storage grand challenge roadmap and requests stakeholder input

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The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Thermal Energy Storage Is No Longer Just Hot Air

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The shipping containers, which house a Frankenstein-like assortment of machine parts—motors repurposed from Volvo truck engines, giant tanks of compressed air, huge silos of piping hot sand—are produced by a company called Cheesecake Energy. Despite its name, Cheesecake Energy isn’t in the food business.