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Published: 26 Jan 2021, 04:52 By: Edith Hancock BNEF's report showed that energy storage investment was driven by growth in Asia Pacific and American markets, while EMEA funding slowed down. Image: BNEF Despite the fall in unit prices for energy storage, a total of US$3.6 billion of investment was committed to energy storage projects in 2020, around the same amount as in 2019. A new report from BloombergNEF looking at investment trends in the global energy transition found that solar PV lead a jump in energy transition investments throughout 2020. Investments in solar rose by 12%...

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Published: 22 Jan 2021, 07:27 By: Kelly Speakes-Backman addresses the ESA's annual conference, held online in 2020. Image: ESA. Kelly Speakes-Backman, CEO of the national Energy Storage Association (ESA), has been named in the newly appointed senior leadership team at the US Department of Energy (DoE). Speakes-Backman, appointed as the first-ever CEO of the trade association in 2017, has been appointed by the incoming administration of President Joe Biden and Vice President Kamala Harris as Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy. Speakes-...

Published: 21 Jan 2021, 12:35 By: Vanadium flakes at a Largo Resources facility. Image: Largo Resources. Vertically-integrated vanadium mining, production and supply company Largo Resources wants to launch its own vanadium redox flow battery (VRFB) onto the market within a year-and-a-half, predicting that the technology will play a “critical role” in addressing significant demand for energy storage. Largo Resources formed a subsidiary, Largo Clean Energy, which was formally launched in December. The company has developed a battery product called VCHARGE±. In reporting its f...