Polarium, a Swedish manufacturer of lithium-ion based battery energy storage systems (BESS) technology, has been valued at over a billion dollars.

Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.

NTPC has launched a battery storage tender, just a few days after the Solar Energy Corporation of India began a similar solicitation process.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

Tesla made 846MWh of battery energy storage system deployments in the first quarter of this year.

A solar-plus-storage power plant, deployed at the site of an opencast lignite mine in Germany, is almost ready to go into action.

NTPC, a state-owned power producer and utility company in India, has signed a Memorandum of Understanding with Energy Vault.

Dynapower, a US manufacturer of energy storage and power conversion system equipment, will be acquired by Sensata, a maker of industrial sensors.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Peaker plant in Queensland which would have relied on 1,000MW of gas generation will instead combine turbines and batteries.