TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.

Construction on a 550MW/6GWh pumped hydro energy storage project in Estonia will begin in summer 2024 after it was given the green light by regulators.

Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.

EU reforms of electricity market should recognise value of flexibility options like energy storage, according to representatives of Fluence.

Ground operations for the aviation and space exploration sectors will be powered with the help of non-lithium battery technologies in Netherlands and Japan.

The renewables arm of Italy-based power company Enel is seeking approval to add a 38MWh battery storage system to an existing 42.25MW solar PV plant in Spain.

Britishvolt going into administration has been dubbed “a real shame” by the Association for Renewable Energy and Clean Technology.

The European Union (EU) has unveiled its plans for its own Inflation Reduction Act-style support package, the Green Deal Industrial Plan, for clean energy technologies including energy storage.

In a double-whammy of NMC battery news, SolarEdge has started shipping cells from its new South Korea gigafactory while Lechlanché has claimed a breakthrough in environmentally-friendly cell production.

Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.