Second Renewable Energy Target auction held in Victoria, Australia, won by six solar PV projects, four of which include battery storage.

The mismatch between supply and demand for lithium batteries presents a challenge to the global transition to sustainable energy.

FlexGen signed a multi-year, 10GWh battery storage supply deal with CATL, the world’s biggest lithium-ion manufacturer, a couple of weeks ago.

Equinor has approved the final investment decision of its first battery energy storage asset in the UK.

Form Energy has raised US$450 million from investors including ArcellorMittal, bringing the startup’s total investment to US$800 million.

Australia’s national Clean Energy Finance Corporation has invested to help a 100MW/200MWh battery storage project reach financial close.

A couple of weeks ago, Energy-Storage.news met with leading figures from the energy storage industry at RE+ 2022.

Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).

Zinc bromide battery startup Gelion has started up manufacturing operations in Australia which lean on existing production techniques for lead-acid batteries.