Interest in using flow batteries for long-duration storage sees ESS raise $13m

Growing interest in flow batteries has helped ESS attract investment from backers including BASF. Pic: ESS.

Growing interest in flow batteries has helped ESS attract investment from backers including BASF. Pic: ESS.

By Jason Deign

ESS Inc, the Oregon, US-based flow battery manufacturer, this week announced USD$13m in new funding from investors including the global chemical industry leader BASF.
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US energy storage momentum builds with two significant announcements

Enel Green Power carried off the lion’s share of new storage capacity procured by PG&E. Shown here: Enel Green Power technicians at a wind farm in Minnesota. Pic: Enel.

By Jason Deign

The US energy storage sector looks set to enter 2018 at full throttle following developments in two key markets over the last week.
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Moixa Energy aims to close a new GBP£10m financing round “shortly”

The Scilly Isles, scene of an important microgrid project involving Moixa Energy. Pic: Animam.photography.

The Scilly Isles, scene of an important microgrid project involving Moixa Energy. Pic: Animam.photography.

By Jason Deign

British residential energy storage aggregator Moixa Energy is involved in a GBP£10m funding round that “may close very shortly,” according to Simon Daniel, CEO.
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Eos grapples with scale-up challenges on route to DC cost of $95 per kWh

The 1MWh Eos Aurora system installed by Advanced Solar Products for PSE&G's Caldwell Wastewater Treatment Plant solar project (Photo: Eos Energy Storage).

The 1MWh Eos Aurora system installed by Advanced Solar Products for PSE&G’s Caldwell Wastewater Treatment Plant solar project (Photo: Eos Energy Storage).

By Jason Deign

The zinc hybrid cathode battery maker Eos Energy Storage has admitted to facing challenges in scaling its systems up to megawatt levels.
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Alta stalks a secret $6bn market

The Alta Motors Redshift in action. Pic: Alta Motors.

The Alta Motors Redshift in action. Pic: Alta Motors.

CORRECTION: This story previously stated Alta had achieved a system cost of $300 per kilowatt-hour, “the lowest” on the market. This has since been corrected to $350.

By Jason Deign

Alta Motors, which has been called ‘the Tesla of motorcycles’, is aiming to dominate a market it believes could be worth USD$6bn within five years.
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