Owner-operator Giga Storage has finalised financing for the construction of its 350MW/1,400MWh Albatross energy storage project near Neuenkirchen in Lower Saxony, Germany.

German home energy storage and virtual power plant (VPP) company sonnen GmbH, sold by gas major Shell in August, has filed for insolvency.

The global energy storage market will see a decade of sustained, rapid growth and reach 3.1TW cumulative capacity by 2036, according to BloombergNEF (BNEF).

As demand for battery storage soars, the European Union (EU) has tried to grow its local battery supply chain with mixed success so far, writes PV ESS analyst Charlotte Gisbourne.

BESS investments in the French market are moving to longer durations with saturation expected to hit the secondary reserve market, currently the main way operational projects make their money.

IPP and EPC Faria Renewables has inaugurated its 49.9MW/134.16MWh Galani BESS project in Elassona, Greece.

Although relatively new to the energy storage space, pressure-sensitive adhesive (PSA) tape is used for protection, security and flexible configuration of equipment in many industries.

German IPP Enertrag and Swiss utility Axpo have launched BESS projects in France, including what could be the country’s first 3-hour project.

Foresight Group has acquired the 100MW/400MWh Nivala BESS via its Foresight Energy Infrastructure Partners II (FEIP II) fund.

A panel at the Battery Asset Management Summit UK & Ireland 2026 last week discussed BESS capex trends and strategies to manage it.