Eni Storage Systems has broken ground on a gigafactory in Italy set to build LFP cells for energy storage applications, while Chinese firm Hithium has won an €80 million grant from the Spanish government for a battery and BESS plant there.

Italian multinational energy company Eni intends to become a player in battery cell manufacturing for stationary energy storage systems.

Eni Plenitude, the utility arm of the large oil and gas major Eni, has completed construction of the 200MW/400MWh Guajillo battery energy storage system (BESS) project in Texas, US.

Eni Plenitude, part of the large oil and gas major Eni, has put into operation a 15MW/9MWh battery storage unit in Italy.

Form Energy has closed a US$40 million Series B funding round led by Eni.

Eni Australia, a subsidiary of Italian oil and gas firm Eni, which has been active in Australia since 2000, has acquired a 33.7MW construction-ready solar-plus-storage project in the Northern Territory of Australia, from Katherine Solar, a joint venture between Australia’s Epuron and UK-based firm Island Green Power.