Oil and gas major TotalEnergies has acquired Kyon Energy, one of the most active battery energy storage system (BESS) project developers in Germany.

Compressed air energy storage (CAES) firm Corre Energy has agreed an offtake and co-investment deal with utility Eneco for a project in Germany.

This Friday Briefing looks at some big new projects already announced this year and the new BloombergNEF Tier-1 BESS list.

Europe-based sodium-ion battery technology firms Tiamat and Altris have secured a total of €29 million (US$31.5 million) in new funding, from a fundraise round and the Swedish state respectively.

The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.

We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.

BloombergNEF has launched its Energy Storage Tier 1 list of providers, noting growth in new players from the China market.

The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).

Lithium-ion manufacturer Hithium will supply 5GWh of LFP battery cells to system integrator Powin over a three year period.

European lithium-ion battery developer and manufacturer Northvolt has secured a US$5 billion (€4.6 billion) non-recourse project financing package from various EU and Nordic institutions for its manufacturing and recycling plants.