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.

European utility and power generation firm RWE is building two co-located energy storage projects totalling 10.6MW in North-Rhine Westphalia, Germany.

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Tender to pair hydro plants in Ukraine with battery storage, amid reports of massive damage to the country’s grid and generation fleet.

Fenecon has begun construction of factory in Germany which will repurpose electric vehicle (EV) batteries into stationary storage systems.

UK clean energy developer Harmony Energy has brought online a 98MW/196MWh battery energy storage system (BESS) project.

Could we start seeing ‘third life’ or even ‘fourth life’ energy storage, with EV batteries deployed in multiple different systems in their lifetime?

Munich-headquartered international banking firm Berenberg has provided debt financing for two battery energy storage projects in eastern Germany totalling 32MWh.

Oslo-based second life battery storage solutions firm Evyon has raised €8 million (US$8.3 million) in a pre-Series A fundraising round, led by VC firm Sandwater.