One of Sweden’s DNOs Ellevio Group is investing in four new battery storage projects totalling 70MW, supplied by Alfen, the latest in a series of large-scale projects.

Energy storage deployments by electric carmaker and tech company Tesla grew 64% year-on-year, reaching 6.5GWh in 2022.

The local authority in an Ontario municipality has backed energy company Enbridge’s three battery storage projects in the Canadian province.

The first vanadium redox flow battery (VRFB) installation in Norway, a 5kW/25kWh system, was unveiled this week.

TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.

East Point Energy, a US-based clean energy developer, is on its first drive to buy up projects since the company’s acquisition by Equinor.

Gigawatt-hours of used EV batteries are now hitting the market, and California-based Element Energy claims it has the ideal BMS platform to scale second life energy storage technology.

Aypa Power has secured US$320 million to advance activities including interconnection agreements and customer contracts for a 15GW+ pipeline.

Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.

Energy Vault is expecting full-year revenue for 2022 of US$142-152 million, ahead of previous guidance of US$75-100 million.