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Energy Storage News17 days ago

ROUNDUP: Energy Vault enters Switzerland, ZincFive raises funds, Convergent closes on NYC financing

Key Takeaway

The energy storage sector continues to see significant investment and market expansion, with green financing readily available for project developers and ongoing innovation in battery technologies.

AI Summary

  • Energy Vault has expanded its energy storage solutions into the Swiss market, indicating growing international opportunities for storage developers.
  • ZincFive secured Series F financing, highlighting continued investment and development in zinc-based battery technology, potentially offering new options for storage deployments.
  • Convergent Energy and Power obtained a multimillion-dollar financing facility from NY Green Bank, demonstrating accessible green capital for energy storage projects, particularly in the NYC area.
  • The financing activities underscore a strong market for both energy storage technology providers (OEMs) and project developers/IPPs.

Topics

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Article Content

In this Energy-Storage.news roundup, Energy Vault enters the Swiss energy storage market, ZincFive raises Series F financing, and Convergent Energy and Power secures a multimillion-dollar facility provided by NY Green Bank.