Europe-based sodium-ion battery technology firms Tiamat and Altris have secured a total of €29 million (US$31.5 million) in new funding, from a fundraise round and the Swedish state respectively.

We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.

BloombergNEF has launched its Energy Storage Tier 1 list of providers, noting growth in new players from the China market.

Arizona utilities Tucson Electric Power (TEP) and UniSource Energy have launched a request for proposals (RFP) for 825MW of ‘firm power’, primarily energy storage, alongside 625MW of renewables.

EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world.

Lithium-ion manufacturer Hithium will supply 5GWh of LFP battery cells to system integrator Powin over a three year period.

A trio of announcements in the long-duration energy storage (LDES) sector, from RedoxBlox, Eos Energy Enterprises and ESS Inc.

European lithium-ion battery developer and manufacturer Northvolt has secured a US$5 billion (€4.6 billion) non-recourse project financing package from various EU and Nordic institutions for its manufacturing and recycling plants.

Netherlands-based BESS developer Giga Storage has unveiled a 600MW/2,400MWh project it is developing in neighbouring Belgium, one of the largest planned projects in Europe.

Daniel Crotzer, CEO of energy storage software controls provider Fractal EMS, details what an energy management system (EMS) is and why it often needs to be replaced on operational battery energy storage system (BESS) projects.