Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, will provide EPC services for a 50MW battery energy storage system (BESS) project in Northern Ireland.

Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.

Gore Street saw its net income increase by 191% over the year to 31 March 2022, whilst the EBITDA of its operational portfolio surged 704%.

Mobile battery storage rental company Greener Power Solutions plans to diversify its supply base away Alfen and has already bought a unit from Northvolt.

European energy storage is still held back by regulation but Greece is a bit further ahead, specialist battery insurance group Altelium told Energy-Storage.news while discussing take-up of its new product.

VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.

Renewable energy company Statkraft participated in what it says was the largest dispatch of energy from battery storage to the Ireland grid to-date, on July 14th.

The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.

Another edition of our news in brief from the energy storage industry focusing on the bustling UK market.

Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.