European Commission has given green light for state aid towards development of a large-scale pumped hydro energy storage in Finland.

Lithium-ion battery pack prices have gone up 7% in 2022, marking the first price rise since BloombergNEF began its surveys in 2010.

Planned lithium-ion battery gigafactory capacity in the US has grown twice as fast as in Europe since the Inflation Reduction Act was passed, Benchmark Minerals Intelligence told Energy-Storage.news.

Engineering firm KBR will work with Shell to design an energy storage facility combining green hydrogen and battery storage at a wind farm off the coast of the Netherlands, the first of two similar pieces of news.

Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions.

Quidnet, developing a proprietary mechanical energy storage technology, will receive funding from US DOE’s ARPA-E.

EnergyAustralia has filed planning applications for four-hour duration large-scale lithium BESS in Victoria’s Latrobe Valley.

Cost inflation and supply chain issues have forced California utility PG&E to increase the prices it will pay for 2GWh of battery storage projects, in a move which has been approved by regulators.

Last coal-fired power station in New Jersey demolished, with facility’s owner committing to deploying energy storage at the site.

Renewable energy firm Acciona Energia has launched a 16-chargepoint vehicle-to-grid (V2G) network in the Balearic Islands, the first in Spain.