Nissan, Renault and Mercedes-Benz are at the forefront of providing EV batteries for companies developing second life battery energy storage systems (BESS), but the market for such batteries is still thinly-traded. 

Global energy firm RWE has finalised its investment decision for two battery energy storage systems (BESS) totalling 220MW, in North Rhine-Westphalia (NRW), Germany.

Investor Fotowatio Renewable Ventures (FRV) has acquired a 600MW portfolio of battery energy storage system (BESS) projects in development in Greece.

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.