Mobile battery storage rental company Greener Power Solutions has raised €45 million (US$45 million) from DIF Capital Partners.

Global system integrator Fluence and utility Münch Energie are developing a solar-plus-storage plant with 34MWh of storage in Merseburg, Germany.

Battery energy storage systems (BESS) cost base has increased 25% in the past year, the head of storage for global energy technology group Wärtsilä told Energy-Storage.news.

Grid operators in the Netherlands are trialling the potential of large battery storage to relieve bottlenecks in the grid.

The UK government has cemented the role of energy storage as a generation asset in last week’s landmark Energy Bill.

Energy technology company Wärtsilä is supplying 500MW/2,000MWh of battery energy storage systems (BESS) to PV projects operated by Clearway Energy Group in Hawaii and California, US.

South African energy company Kibo Energy will procure two vanadium redox flow battery system pilot projects from CellCube, the first step in a larger rollout.

Battery storage capacity in the US more than tripled to 4,631GW in 2021 and increasingly broadened out of ancillary services, according to the Energy Information Administration (EIA).

Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future.

KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).