Energy Storage

Boston-based startup Form Energy has raised $450 million in a new Series E financing round.

Cemvita claims it can produce hydrogen at the “lowest possible cost,” Deutsche Bahn and Fortescue Future Industries have announced plans to jointly modify diesel engines for locomotives, and the Canadian province of Alberta has started promoting its hydrogen potential in Japan.

Puerto Rico’s latest procurement exercise is the second round of a tender scheme designed to allocate 3.75 GW of renewablesd capacity and 1.5 GW of storage.

Panasonic’s new heat pump can supply domestic hot water, heating and cooling from a single, integrated unit. It can also synchronize with the Japanese company’s PV panels and its CZ-NS4P technology printed circuit board technology, while also ensuring smart-grid compatibility.

S4 Energy and ABB recently installed a hybrid battery-flywheel storage facility in the Netherlands. The project features a 10 MW battery system and a 3 MW flywheel system and can reportedly offer a levelized cost of storage ranging between €0.020 ($0.020)/kWh and €0.12/kWh.

Multiple factors can affect the lifespans of residential battery energy storage systems.

An international research group has examined the structural barriers to addressing the solar e-waste problem in the Global South. They argue that the focus should be on repairing devices, rather than recycling them.

CrossBoundary EnergyAccess Nigeria has committed to invest $60 million in minigrid projects developed by Engie, in the largest such transaction in Africa. The projects will connect more than 150,000 people to electricity for the first time.

Plastic Omnium has secured French state funding support to build Europe’s largest hydrogen vessel factory, while Vancouver-based First Hydrogen said it is considering investments in Europe’s commercial hydrogen vehicle sector.

Saft, a unit of TotalEnergies, has launched a new LFP battery storage system that is optimized for time-shifting applications.