VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.

Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.

The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.

Another edition of our news in brief from the energy storage industry focusing on the bustling UK market.

Recently-formed company Proteus Power plans to develop and build over 3GW of solar, wind and battery energy storage projects in North America.

LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.

Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.

Georgia’s Public Service Commission (PSC) has approved state utility Georgia Power’s 2022 Integrated Resource Plan.

The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.

E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.