California-based firm Element Energy has raised a US$28 million Series B to accelerate its proprietary BMS-enhanced second life energy storage solution, with 2.5GWh of modules secured already.

Spain-based renewable energy firm Acciona Energia has acquired a two-hour energy storage system in ERCOT, Texas, from Qcells.

Rules on battery sustainability, performance and labelling will become more stringent within the European Union (EU).

AI-driven energy storage firm Stem Inc will deliver 40MW of battery storage projects in ERCOT, Texas, for independent power producer REX, the first of US$400 million the new firm plans to procure.

Natron Energy could supply sodium-ion battery storage to a novel ‘integrated hybrid generator’ project in Queensland, Australia.

Greenko has won a technology agnostic tender hosted by NTPC Renewable Energy in India to provide long-duration energy storage.

The US Department of Energy (DOE) has provided US$7.9 million for a 50MWh battery energy storage project using second life EV batteries in the ERCOT, Texas market, by Element Energy and NextEra Energy Resources.

Residential battery storage capacity in Europe is set to reach 9.3GWh by the end of the year, according to SolarPower Europe.

Wärtsilä Energy has signed additional contract with EDF Renewables UK for 50MW/100MWh lithium-ion energy storage facility in England.