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E-mobility and energy storage solutions firm New HOrizons Ahead (NHOA) grew its energy storage revenues 2,752% in the third quarter of the year.

Long duration energy storage technologies like flow batteries, compressed air or gravity-based solutions look set to enter the market at scale in the second half of the 2030s, according to the DNV Energy Transition Outlook.

The US and the European Union have made a fresh pledge to support green energy in Africa.

Any new energy technology asset class comes with risk that needs to be recognised, write Liam McEneaney and Daniel Stevens at AXIS Insurance.

Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.

Ireland’s national planning body has approved a €140 million battery storage facility proposed by Strategic Power Projects in County Kildare.

Energy storage must play central role in Europe’s energy security, enabling integration of renewable energy and lowering power prices.

Spanish and Portuguese utility Endesa, part of Enel, has provisionally won 953MW of connection rights to build renewable energy resources and battery storage in Andorra, possibly rising to 1,200MW.

FREYR Battery has signed a series of agreements that bring its plans for gigafactories in Europe and later the US closer to fruition.