European energy storage is still held back by regulation but Greece is a bit further ahead, specialist battery insurance group Altelium told Energy-Storage.news while discussing take-up of its new product.

VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.

Renewable energy company Statkraft participated in what it says was the largest dispatch of energy from battery storage to the Ireland grid to-date, on July 14th.

The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.

Startup Group1 is seeking to commercialise cathode materials for potassium-ion batteries, a world-first, while Northvolt is seeking to build batteries using a tree-derived carbon material lignin.

Recently-formed company Proteus Power plans to develop and build over 3GW of solar, wind and battery energy storage projects in North America.

Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).

Developer Cypress Creek Renewables has acquired four standalone energy storage projects totalling 400MW/600MWh in Texas, US, from Black Mountain Energy Storage (BMES).

The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.

E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.