From Europe to North America, an energy revolution is breathing new life into empty, long-forgotten coal mine shafts—by repurposing them into places to store renewable energy. Using "gravity batteries ...

Working capital facility is in addition to the previously announced $300 million preferred equity investment for “Asset Vault”, enabling flexibility to address growth in demand for energy storage and ...

The folks responsible for siting and constructing data centers are on a perpetual hunt for firm, reliable power- a resource that is becoming increasingly scarce as grid operators from coast to coast ...

ING and KeyBank provide Lydian’s first institutional financing for Pintail, Crane, and Headcamp BESS projects under Excelsior Energy Capital’s Fund II WASHINGTON & HOUSTON--(BUSINESS WIRE)--Lydian ...

More and more, big arrays of lithium-ion batteries are being hooked up to electrical grids around the U.S. to store power that can be discharged in times of high demand. But as more energy storage is ...

In an attempt to ensure future reliability of New York’s electricity grid as demands increase, Gov. Kathy Hochul’s office today issued a bulk energy storage Request for Proposals (RFP) with a goal of ...

A Colorado-based company focused on utility-scale battery energy storage has partnered with global technology group Wärtsilä and others for construction of a 500-MWh project near the Dallas-Fort Worth ...

On October 30, the Illinois General Assembly passed the Clean and Reliable Grid Affordability Act (CRGA). CRGA makes significant updates to Illinois’ current statewide siting and zoning framework for ...

Spain’s Institute for the Diversification and Saving of Energy confirmed €827 million ($961.4 million) in European Regional Development Fund co-financing for 133 energy-storage projects with a ...