Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.

The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026.

Startup EnerVenue has won an order in Florida for 25MWh of its “uniquely differentiated” metal-hydrogen energy storage technology.

Dutch utility Eneco is planning a 50MW/200MWh battery storage project in Belgium for commissioning next year, and called for more policy action on storage from its own government in the Netherlands.

Global PV inverter and energy storage solutions provider Sungrow will supply equipment to eight solar microgrid projects in Lebanon.

US energy storage developer Gridstor has announced the start of construction of its first project, a 60MW/160MWh BESS in California.

Investors Harmony Energy and JLEN have energised battery storage projects in the UK, while the government is considering a VAT exemption for home battery storage.

The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28.

Australian Vanadium, targeting vertically integrated involvement in the flow battery market, has received the first payment from a government grant to support its manufacturing plans.