A trio of energy storage startups: XL Batteries, Unbound Potential and Fourth Power, have raised financing for emerging flow battery and thermal storage technologies.

Developer Ilmatar and investor Nuveen Infrastructure have put a 30MW/41MWh BESS in northern Finland into commercial operation.

Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.

Through a competitive solicitation, over US$5 million is being made available for developers of advanced energy storage technologies in New York.

ESN Premium speaks with King Look, director of research and development at New York utility Con Edison, about implementing long-duration energy storage (LDES) in New York City.

Australia’s MGA Thermal has completed what it claims is the world’s first industrial steam heat energy storage demonstrator project.

A total of 11.9GW of energy storage across all scales and technologies was installed in Europe in 2024, bringing cumulative installations to 89GW.

Mark Croudace, executive representative of the LDES Council, questioned what technologies will join lithium-ion on the energy storage podium.

The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.