European gigafactory group FREYR’s new technology resources campus and business unit in Japan could see it partner with companies in addition to existing technology provider 24M, CEO Tom Jensen told Energy-Storage.news.

The electricity board of the Indian state of Gujarat is tendering for 500MW/1,000MWh of standalone battery energy storage systems (BESS).

Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.

SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.

Australian startup MGA Thermal has bagged around US$1 million in government funding for a 5MWh thermal energy storage project while Israel-based Brenmiller Energy has inaugurated a 1MWh unit in Brazil.

Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

Republic of Maldives has reopened a tender process, seeking to procure 40MWh of battery energy storage systems.

Onslow, Western Australia, is powered almost entirely by renewables, and the utility behind the project wants to roll out the technology.

Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.

Wirsol Energy has received development approval for its Maryvale solar and energy storage project in New South Wales (NSW), Australia.