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  • Softbank invests $110M in new energy storage system August 16, 2019
    Energy Vault, the creator of a new way to perform utility-scale energy storage, announced that SoftBank Vision Fund (Vision Fund) invested $110 million in its Series B funding round. Energy Vault will use the funds to accelerate global deployment of its technology, which enables renewables to deliver baseload power for less than the cost of […]
  • The energy transition is underway: 10 charts tell the story August 16, 2019
    The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future.
  • ARENA to provide $40 million funding for South Australia’s first pumped hydro plant August 15, 2019
    The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government, has announced up to $40 million in funding towards the deployment of a pumped hydro energy storage (PHES) project in South Australia.

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