Swiss Life Asset Managers has acquired a 50% stake in BCP Battery Holding, a company with several utility-scale battery energy storage system (BESS) developments in Germany.

Construction has begun on the first of four battery energy storage systems (BESS) totalling 200MW/200MWh from global system integrator Fluence in Lithuania.

FREYR Battery will go ahead with construction of its first battery gigafactory in Norway, which has announced a National Battery Strategy.

News in brief, from another busy week for our colleagues reporting on the UK battery storage market at Solar Power Portal.

The German parliament has passed law amendments giving energy storage its own legal definition, in a move welcomed by industry sources.

A pumped hydro energy storage (PHES) plant with a capacity of 20GWh in Valais, Switzerland, will begin operations on Friday, 1 July.

Energy Dome, an Italy-based company which has developed a novel CO2-based long-duration energy storage system, has closed an US$11 million bridge funding round.

Investor Quinbrook Infrastructure Partners has acquired exclusive project development rights for a 230MW/460MWh battery energy storage system (BESS) in Wales, UK.

Matthew Lumsden, CEO Connected Energy, talks us through scaling up the business in preparation for an EV boom from 2025 onwards.

Greece-based battery manufacturer Sunlight Group has received €275 million (US$290 million) in loan financing to expand production and research.