Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions.

Cost inflation and supply chain issues have forced California utility PG&E to increase the prices it will pay for 2GWh of battery storage projects, in a move which has been approved by regulators.

Renewable energy firm Acciona Energia has launched a 16-chargepoint vehicle-to-grid (V2G) network in the Balearic Islands, the first in Spain.

A 50MW/100MWh battery energy storage system, the largest in continental Europe, has been inaugurated in Belgium by developer Corsica Sole.

Irish government has launched a consultation to help direct the development of a policy framework for energy storage.

The Minister of Energy of Romania will provide up to €103 million in financial support for battery energy storage systems deployments in the country.

Finland and California-based second life energy storage firms Cactos and Smartville Inc have raised nearly US$10 million to commercialise systems using repurposed Tesla EV batteries – we talk to both company founders.

Energy crisis resulted in high ancillary services revenues for battery storage, with some assets earning four times more than expected.

UK government Department for Business, Energy and Industrial Strategy has provided US$39.67 million to five energy storage projects.

Bushveld Minerals is restructuring its investment in vanadium redox flow battery (VRFB) firm CellCube, increasing it slightly to 27.6%, as part of its own energy storage business carve-out.