Developer Pulse Clean Energy has secured a three-year £175 million (US$215 million) credit facility with a number of banks to go towards its pipeline of battery storage projects in the UK.

The battery manager for Sweden-based Stena Recycling Group discussed the firm’s approach to the battery market and reusing batteries for second life in an exclusive interview with Energy-Storage.news.

Electric ‘supercar’ firm Rimac is bringing “leading expertise in extracting maximal performance” from battery cells to its new energy storage division, which will also consider non-lithium technology, it told Energy-Storage.news.

Renewable energy firm RES and battery storage developer SCR have partnered to deploy another grid-scale battery storage project in Sweden, this time totalling 17MW.

European lithium-ion gigafactory firm Northvolt has completed construction of its energy storage system (ESS) production facility in Poland and expects to start production by the end of 2023.

Samantha McGahan of Australian Vanadium on the electrolyte, which is the single most important material for making vanadium flow batteries.

Another serving of news in brief from around the world in energy storage.

System integrator Energy SpA and its vertically integrated peer Pylon Technologies have formed a joint venture (JV) to set up a gigafactory in Italy producing batteries for energy storage.

Italy is seeing “too many solar developers moving into storage” and issues around the spike in BESS capex costs shortly after 2022’s capacity market auction, sources told Energy-Storage.news.

Charley Grimston from battery storage insurance firm Altelium compares the sector’s development with the early stage of the wind market.