KORE Power, a company developing a lithium-ion gigafactory project in the US, has closed the initial $75 million tranche of a US$150 million fundraising round.
Vanadium flow battery company Invinity Energy Systems has sold a 1.3MWh system to Kinetic Solution for a microgrid project serving a data centre in Arizona.
Power company AES Corporation is investigating the cause of what has been described as a thermal runaway incident at a 10MW battery energy storage system (BESS) site it owns and operates in Chandler, Arizona.
KORE Power, a company building a lithium-ion gigafactory in Arizona, has launched a full service storage integrator division with the acquisition of an existing provider.