System integrator Powin Energy has raised US$135 million from its existing shareholders Trilantic and Energy Impact Partners and new investor GIC, just weeks after a Samsung subsidiary took a minority stake.

Lithium-ion gigafactory company Northvolt’s energy storage system (ESS) assembly factory in Poland has won a share of €1.8 billion (US$1.8 billion) in EU grant funding, along with a battery recycling plant in north France.

The sale of Dynapower by private equity firm Pfingsten to industrial sensor manufacturer Sensata Technologies has been completed.

Construction has begun on a large-scale hybrid renewable energy project combining wind, solar PV and energy storage in Australia.

Mobile battery storage rental company Greener Power Solutions has raised €45 million (US$45 million) from DIF Capital Partners.

Global system integrator Fluence and utility Münch Energie are developing a solar-plus-storage plant with 34MWh of storage in Merseburg, Germany.

Norwegian state-owned energy company Equinor will acquire a US-based developer of grid-scale battery energy storage projects.

Syncarpha Capital enters partnership for solar and solar-plus-storage in New England, with Rosemawr Sustainable Infrastructure Management.

Brookfield Renewable has proposed a 644MWh battery storage system to compete in the Ontario grid operator’s RfP.

Battery energy storage systems (BESS) cost base has increased 25% in the past year, the head of storage for global energy technology group Wärtsilä told Energy-Storage.news.