European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.

Intersect Power has secured US$750 million funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.

News in brief from around the world in Energy Storage.

As the role of coal declines and ends in Australia’s NEM, huge growth in dispatchable energy storage capacity will be needed in the mix.

FREYR Battery will go ahead with construction of its first battery gigafactory in Norway, which has announced a National Battery Strategy.

Energy-Storage.news proudly presents this sponsored webinar with Clean Horizon, discussing the prime potential of energy storage in India.

News in brief, from another busy week for our colleagues reporting on the UK battery storage market at Solar Power Portal.

Australia’s Clean Energy Council calls for an energy storage target, while arguing that a plans for a capacity mechanism should be scrapped.

Matthew Lumsden, CEO Connected Energy, talks us through scaling up the business in preparation for an EV boom from 2025 onwards.

To integrate a targeted 500GW of non-fossil fuel energy onto India’s networks by 2030, at least 160GWh of energy storage will be needed.