Investor Return has acquired an energy storage development platform in Germany, Swedish optimiser Flower has bought another large-scale BESS project, while Romania’s CIS Group has revealed a flurry of solar and storage projects.

A public consultation regarding the auction will be launched in the coming days, while capacity and funding details have yet to be disclosed.

A project in China, claimed as the largest flywheel energy storage system in the world, has been connected to the grid.

Indian battery manufacturer Delectrick Systems has launched a new 10MWh vanadium flow battery-based energy storage system (ESS) to support large-scale and utility-scale projects.

Three-quarters of the lithium-ion battery supply chain could have exposure to forced labour, contravening US and EU laws and potentially leading to products being blocked from those markets, a report said.

Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.

DNO and IPP Electrica has received €3.4 million (US$3.8 million) in EU grants for a c.70MWh BESS project it will build in Romania.

EDP Renewables North America (EDPR NA) has secured a long-term contract with Dominion Energy to develop an 85MW/340MWh battery energy storage system (BESS) in Virginia, US.

Global energy storage players Fluence and Saft on moves to onshore production for the US market.

System integrator and project developer On.Energy has acquired nine in-development battery energy storage projects, which will play into California’s CAISO market.