Everyone wants a piece of Energy Vault, the US-headquartered energy storage system provider. And very soon, many may see their wish fulfilled. Last month it was announced that the company will list on the New York Stock Exchange (NYSE).
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NextEnergy Solar Fund (NESF) has become one of the latest players to make a bold move into the UK energy storage market. Last week it was revealed that NESF has entered into a £100m joint venture partnership (JVP) with battery storage specialist Eelpower.
Could zinc batteries usurp lithium-ion’s strong market position and become the storage technology of choice? The potential certainly exists and Enzinc CEO Michael Burz is on a mission to make it happen.
Technology company ABB, which reported revenues of $26.1 billion in 2020, has focussed its energy storage investment strategy on research and development as it seeks to capitalise on a rapidly expanding global storage market that will be valued at almost $20 billion by 2027.
With $12bn of assets and a 4.5GW portfolio of solar and battery projects, Arevon Energy is well-placed to make a major impact in energy storage.
Consumers Energy, Michigan’s largest energy provider, has become a relatively recent convert to energy storage but wants to establish itself as a pioneer.
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…