FREYR Battery, which is targeting the battery storage sector with its product line, has received a €100 million (US$112.29 million) grant commitment.

Reducing exposure to merchant risk is key to making banks comfortable with lending money for hybrid renewables-plus-storage projects.

US developer D. E. Shaw has broken ground on a 200MW solar, 100MW battery storage project in New Mexico, set to come online in 2024.

California has passed 5GW of grid-scale battery storage energy storage (BESS) projects, grid operator CAISO has revealed.

Europe saw an 83% increase in residential battery installations in 2022, according to research firm LCP-Delta.

Serentica Renewables has signed an offtake deal for 1.5GWh of pumped hydro energy storage in two Indian states with Greenko Group.

A seven-year observation of a vanadium flow battery in California from Sumitomo Electric has been completed, while US lab PNNL has found an alternative, food-based electrolyte which it said boosted capacity and longevity.

Lithium-ion battery and energy storage system (ESS) manufacturer Microvast has announced plans to set up an ESS manufacturing plant in Colorado, US, which will be operational this year.

The battery energy storage system (BESS) subsidiary of Canadian utility Hydro-Québec, EVLO Energy Storage, has announced its first project in the US.

New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.