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Energy Storage
Energy Transition in Motion (Week of May 10, 2024)
Here is a look at some of this week’s renewable energy news, including $1.5 billion in investment commitments for low-carbon energy initiatives.
Acadia Energy, Alternus to Develop 200 MW of Microgrids in New York
Acadia Energy and Alternus Clean Energy will equally share project development costs and expect to begin commercial operations within two years.
Energy Vault, ACEN Australia Enter Battery Storage Agreement
Under the agreements, Energy Vault will deploy two battery storage systems at ACEN’s New England Solar project, located near Uralla, Australia.
Equinor Acquires Stake in Standard Lithium Smackover Projects
Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
IBAT, US Mag Partner to Advance Modular Direct Lithium Extraction Plant
Full commissioning and startup of the commercial modular direct lithium extraction plant being developed by US Magnesium and International Battery Metals is expected within three months, the companies said May 6.
Sage Geosystems Advances Commercial-scale Energy Storage Facility
The 3-megawatt facility in Texas is expected to become the world’s first commercial geopressured geothermal system when it’s commissioned in December.
Zeta Energy Appoints Michael Everett as COO
Prior to joining Zeta Energy, a lithium-sulfur battery developer, Michael Everett previously served as president and COO at Advanced Battery Concepts.
Electrifying Permian Could Threaten West Texas Power Grid—Enverus
Emissions reduction targets and cryptocurrency mining could double power demand and threaten the grid in West Texas by 2040, according to a report by Enverus Intelligence Research.
Energy Transition in Motion (Week of April 19, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on global solar sector funding and M&A.
Exclusive: Building Battery Value Chain is "Vital" to Energy Transition
Srini Godavarthy, the CEO of Li-Metal, breaks down the importance of scaling up battery production in North America and the traditional process of producing lithium anodes, in this Hart Energy Exclusive interview.