Planned lithium-ion battery gigafactory capacity in the US has grown twice as fast as in Europe since the Inflation Reduction Act was passed, Benchmark Minerals Intelligence told Energy-Storage.news.

Engineering firm KBR will work with Shell to design an energy storage facility combining green hydrogen and battery storage at a wind farm off the coast of the Netherlands, the first of two similar pieces of news.

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.