Despite having the largest lithium reserves in the world, Latin America (LATAM) has lagged far behind other continents when it comes to setting up lithium-ion gigafactories.

A 25W battery energy storage facility in Germany with used battery cells from EVs including forklifts has been completed by developer JT Energy Systems.

Fotowatio Renewable Ventures (FRV) and Tyler Hill Partners have created a platform to develop, build and operate up to 1GW of battery energy storage system projects in the UK.

Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

Wisconsin utility Alliant Energy has announced plans to deploy two projects totalling 175MW/700MWh of battery energy storage in the midwestern state.

A prototype system that can test and sort used battery cells for second life applications has been developed by four companies in the UK in a government-funded initiative.

Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).

Zinc bromide battery startup Gelion has started up manufacturing operations in Australia which lean on existing production techniques for lead-acid batteries.

Moxion, a mobile battery energy storage manufacturer, has closed Series B round with investors including Amazon and Microsoft climate funds.

Increase in battery storage announced by Green Mountain Power, the Vermont utility which was first in the US to deploy Tesla Powerwalls in virtual power plant.