Another substantial development agreement for battery energy storage system (BESS) projects in Italy has been struck, this time between solar and storage installer Lemon Sistemi and investor Volt ESG.

We caught up with Birger Steen, CEO of lithium-ion gigafactory company Freyr Battery, about its recent decision to minimise European investments in light of the Inflation Reduction Act, discussing a potential policy response and its approach to ESS and using conventional technologies.

Investor EQT Infrastructure has acquired UK clean energy and battery storage developer-operator Statera, the latest in a flurry of deals in the UK market.

Long-duration energy storage with renewable energy could reduce the emissions from industrial energy use by almost two-thirds, a new report has said.

Lithium-ion battery manufacturer Hithium will provide 55MWh of battery products for a solar-plus-storage project being built by EPC firm SolarPro in Bulgaria.

Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029.

Germany-based EV charging and BESS integrator ADS-TEC has installed eight units comprising a 20MW battery energy storage system (BESS) in Sweden.

Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.

This edition of our news in brief focuses on activities in the long-duration energy storage space.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.