The race to build Europe’s first lithium-ion energy storage system ‘Gigafactory’ could be won by Tesvolt, as the German manufacturer announced a “multimillion-euro investment” in production lines this week.

Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.

Over the next five years, a US$50 million pot will be invested to promote a sustainable supply chain for lithium, graphite and the other minerals and metals

Ørsted understood to have invested low double-digit million dollar figure to purchase HelioSage, subsidiary of Panasonic-owned Coronal.

Demand for more reliable electricity from a district of the Republic of Bashkortostan will soon be answered by the largest hybrid solar and energy storage project in the region to date.

UK investment management firm Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.

IT giant Cisco is leading a consortium to demonstrate vehicle-to-grid (V2G) technologies in the UK market.

Hive Energy, a UK-based utility-scale solar developer, has entered into a consortium with vanadium redox flow battery manufacturer CellCube and Immersa to jointly build solar-plus-storage projects in the UK.

Along with TEPCO, Mercom named other major utilities and companies with a background in oil and gas as investors in the battery storage sector during the quarter.

Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.