Europe needs to act now to prevent an outflow of investment from its burgeoning battery manufacturing ecosystem in light of the US’ Inflation Reduction Act, the EU-founded European Battery Alliance (EBA) has said.

Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.

In the past few days, EU policymakers have made decisions on key aspects of legislation that have been welcomed by industry group EASE.

Investor Claritas and system integrator Hynfra Energy Storage (HES) have signed a framework agreement to deploy half a gigawatt of utility-scale battery energy storage in Poland.

Eight large-scale BESS projects in Australia have been selected to receive funding support worth AU$176 million.

The European Union parliament has voted on amendments to REPowerEU which will see its accelerated permitting for renewable projects expanded to include standalone energy storage.

Amazon Studios has begun swapping out diesel generators for mobile BESS equipment at sets for its TV and film productions in the US.

Developer Kyon Energy, investor Obton and system integrator ECO STOR have commissioned 27.6MW/32.4MWh of battery storage across two sites in Germany.

RWE has unveiled plans for an up to 600MW solar development on land in in northern England.