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Energy Storage News•24 days ago

•Lunar Energy secured US$102 million in Series D funding, bringing its total raised to US$232 million, indicating strong investor confidence in VPP technology.
•The funding is earmarked for scaling Lunar Energy's VPP software globally, accelerating the deployment and integration of home battery storage into virtual power plants.
•For developers and large power consumers, this signals a growing market for distributed energy resources (DERs) and VPP participation, offering potential new revenue streams and enhanced grid flexibility.

storage

CleanTechnica•24 days ago

•Chinese partners CHANGAN Auto and CATL are launching a new electric passenger car powered by sodium-ion batteries, including a range-extender option and battery swapping capabilities.
•The introduction of more affordable sodium-ion battery technology is poised to accelerate EV adoption, leading to substantial increases in electricity demand for charging infrastructure.
•Battery swapping presents potential opportunities for load shifting and demand response, impacting grid planning and the operational strategies of large power consumers.

storage

CleanTechnica•24 days ago

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