UK battery storage and flexible generation developer-operator Statera Energy has secured a £300 million (US$375 million) financing package for its Thurrock project, its first news since being bought by investor EQT.

We caught up with Birger Steen, CEO of lithium-ion gigafactory company Freyr Battery, about its recent decision to minimise European investments in light of the Inflation Reduction Act, discussing a potential policy response and its approach to ESS and using conventional technologies.

Wärtsilä’s decision to launch a strategic review of its energy storage & optimisation (ES&O) business, including potential divestment, may be because of its dilutive effect on the broader company’s margins, an analyst told Energy-Storage.news.

Investor EQT Infrastructure has acquired UK clean energy and battery storage developer-operator Statera, the latest in a flurry of deals in the UK market.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.

Energy-storage.news sat down with energy storage integration company Shenzhen Enershare at the Solar & Storage Live 2023 event in Birmingham, England earlier this month.

CATL has signed an agreement with Quinbrook to deploy over 10GWh of its EnerC Plus battery storage technology over the next five years.

SUSI Partners has expanded the remit of its Italian solar PV platform ReFeel New Energy to develop battery energy storage systems.

The government of the Canadian province of Quebec has approved the construction of an energy storage manufacturing facility from Réseau Allégé Québec (RAQ).