Planned lithium-ion battery gigafactory capacity in the US has grown twice as fast as in Europe since the Inflation Reduction Act was passed, Benchmark Minerals Intelligence told Energy-Storage.news.

Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions.

EnergyAustralia has filed planning applications for four-hour duration large-scale lithium BESS in Victoria’s Latrobe Valley.

Cost inflation and supply chain issues have forced California utility PG&E to increase the prices it will pay for 2GWh of battery storage projects, in a move which has been approved by regulators.

Last coal-fired power station in New Jersey demolished, with facility’s owner committing to deploying energy storage at the site.

Renewable energy firm Acciona Energia has launched a 16-chargepoint vehicle-to-grid (V2G) network in the Balearic Islands, the first in Spain.

United Airlines has become an investor in Natron Energy as the world’s first sodium-ion gigafactory is opened in China.

A 50MW/100MWh battery energy storage system, the largest in continental Europe, has been inaugurated in Belgium by developer Corsica Sole.

Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has secured a 15MWh order from industrial technology company Everdura in Taiwan, its largest to date.

KORE Power, a company developing a lithium-ion gigafactory project in the US, has closed the initial $75 million tranche of a US$150 million fundraising round.