The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects, thermal energy storage and reversible pumped hydro to go online in 2026.

Rondo Energy, which counts Bill Gates’ Breakthrough Energy Ventures among its investors, intends to scale up annual production capacity of its thermal storage tech to 90GWh.

The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026.

South Africa hospital operator eyes non-lithium energy storage for PV optimisation, peak shaving & resiliency

Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas.

The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million (US$37.5 million) in grants for long-duration energy storage (LDES) projects from Synchrostor, Invinity Energy Systems and Cheesecake Energy.

‘CO2 Battery’ startup Energy Dome was only founded in 2020 but has drawn the attention of media and investors alike already.

European Commission (EC) strategy puts energy storage as cornerstone of a decarbonised and secure energy system for the EU.

The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.