News in brief from around the world in energy storage.

A major new vanadium processing facility is set to open in Finland in late 2024 after the formation of a joint venture (JV) to deliver the project.

The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

Endesa Generación Portugal, part of Enel, has been award the connection rights to develop a renewable energy project combining solar, wind, green hydrogen and a 168.6MW battery energy storage system (BESS) to replace the country’s last coal station.

Emad Zand, president of Northvolt Systems, on factors impacting the growth of a European battery storage industry.

Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.

Centrica Business Solutions has acquired a 30MW battery energy storage project which will help manage North Sea offshore wind farms.

Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).

KORE Power, a company building a lithium-ion gigafactory in Arizona, has launched a full service storage integrator division with the acquisition of an existing provider.

A newly-announced battery gigafactory in the US from startup SPARKZ will make batteries suitable for grid storage and will be built in the heart of Appalachian coal county in West Virginia.