Gigafactory firms Northvolt and Britishvolt have commented on news reports that economic conditions are negatively affecting their plans, in statements provided to Energy-Storage.news.

A €600,000 grant from Enterprise Estonia and KredEx has been given to a pumped hydro energy storage project in the Baltic state.

Renewable energy developer Alight is adding a 2MW/2MWh battery system to a 12MW solar park in Sweden, creating the largest solar-plus-storage project in the country.

A couple of weeks ago, Energy-Storage.news met with leading figures from the energy storage industry at RE+ 2022.

Energy stored in EV batteries will be traded on European power markets by The Mobility House, a specialist in vehicle-to-grid technologies.

Many of the battery gigafactory projects in Europe are likely to see delays, Energy-Storage.news has heard.

European energy storage is still held back by regulation but Greece is a bit further ahead, specialist battery insurance group Altelium told Energy-Storage.news while discussing take-up of its new product.

E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.

State-owned power company PGE Group has obtained regulatory approval to build a 200MW/820MWh battery energy storage system (BESS) in Poland.

The CEOs of Fluence, Gore Street, Gresham House and six others have penned an open letter calling on policy makers in Europe to set adequate targets and policy frameworks for the deployment of energy storage.