BY KATHERINE DAMIAN AND BEN COOK:
China has announced its intention to bet big on energy storage.
The country’s National Development & Reform Commission has set a target of installing 30GW of new energy storage capacity by 2025.
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BY BEN COOK:
Convincing investors to take the plunge into energy storage can be challenging.
But newly launched energy storage infrastructure specialist Flexion Energy recently achieved this feat when it secured £150m of investment from GLIL Infrastructure.
BY BEN COOK:
Hopes for the wider adoption of battery storage are largely pinned on the availability of affordable lithium.
Lithium is a highly reactive alkali metal, which conducts heat easily and is also relatively lightweight. That makes it an excellent component for batteries…
The lack of competition in the battery supply industry could be jeopardising the future of storage. That’s the view of some in the storage sector who argue that customers’ preference for what they see as the elite battery suppliers…
If storage is to truly fulfil its potential as part of the global energy transition, it has to surmount a number of challenges. These include ensuring it is priced competitively, sustainable, and able to be utilised at massive scale…
BY BEN COOK & KATHERINE DAMIAN: Is Europe failing to see the tremendous potential of energy storage?
BY KATHERINE DAMIAN: Tomorrow marks 150 days since Joe Biden was inaugurated as US president — and, so far during his presidency, energy storage has reached new heights.
BY RICHARD HEAP: Swedish battery maker Northvolt this week raised a cool $2.75bn of equity.
That’s the largest equity raise by a private company in Europe…