Norwegian lithium-ion battery gigafactory group FREYR has signed a conditional offtake agreement with energy storage system integrator Powin Energy totalling 28.5GWh over six years.

Natural resources giant Glencore has agreed to back the Canadian battery recycler to the tune of US$200 million.

Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.

Independent Power Producer (IPP) Innergex Renewable Energy has ordered two battery energy storage system (BESS) projects from Mitsubishi Power Americas for co-located sites in Chile, South America.

New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.

‘Smart’ energy storage provider Stem finished the first quarter of 2022 with an order backlog worth in excess of a half-billion dollars.

esla aims to reach annual deployments of energy storage totalling 1,500GWh by 2030, nearly four hundred times the amount it deployed last year, according to its 2021 recent impact report.

Saft has completed another project in France for parent company TotalEnergies.

Nuclear power firm Westinghouse Electric Company has signed a Memorandum of Understanding (MOU) with a state-owned energy company to build 2GWh of pumped thermal energy storage (PTES) capacity in Bulgaria.

Renewable energy company Maoneng has proposed an energy hub in New South Wales (NSW), Australia, with a 550MWac solar farm and 400MW/1,600MWh battery energy storage system (BESS).