California distributed battery storage company Electriq Power in ‘estimated’ US$300 million deal
Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million. The company designs and manufactures a lithium iron phosphate (LFP) lithium-ion battery storage system, Power Pod 2, which in addition to storing onsite generated solar energy and providing backup power, can participate in automated demand response (ADR) programmes in Electriq Power’s home state of California.
You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
EMS startup Hagal and battery OEM Cospowers launch energy storage JV
Norwegian 'smart battery' firm Hagal and China-based lithium-ion battery manufacturer Cospowers Technology have partnered to offer…
Australian Vanadium gets first payout from AU$49 million government grant
Australian Vanadium, targeting vertically integrated involvement in the flow battery market, has received the first payment from a…
Long-duration sodium-sulfur BESS demonstration project online in South Korea
A megawatt-scale sodium-sulfur (NAS) battery demonstration project involving South Korea’s largest electric utility has gone onlin…
Bureau of Land Management issues go-ahead to pair 550MW BESS with California desert PV plant
The US Bureau of Land Management (BLM) has given the green light for construction to begin on a second large-scale battery storage…
South Africa hospital group considers storage rollout for PV optimisation, peak shaving & resiliency
Energy storage has the potential to help with hospitals’ PV self-consumption, peak shaving and resiliency, a sustainability execut…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.
