Microvast, a Texas-headquartered company manufacturing battery cells and storage systems, has won 1.2GWh battery storage deal.

The US Department of Energy (DOE) has provided US$7.9 million for a 50MWh battery energy storage project using second life EV batteries in the ERCOT, Texas market, by Element Energy and NextEra Energy Resources.

Guyana, a country on South America’s north coast, has issued an invitation for bids for energy storage projects with a combined capacity of 34MWh. 

Wärtsilä Energy has signed additional contract with EDF Renewables UK for 50MW/100MWh lithium-ion energy storage facility in England.

ZincFive, a US company developing nickel-zinc battery technology for applications including data centre UPS has closed a Series D round.

American Battery Factory, a new firm planning a network of lithium iron phosphate (LFP) battery manufacturing facilities in the US, has chosen a site in Arizona for its first.

Developers OX2 and Ingrid Capacity have started work on two battery storage projects totalling 60MW of power in Sweden.

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.