The European Investment Bank (EIB) has approved a loan request from Northvolt that will see the bank provide a financing facility of up to US$64.8 million to support Northvolt’s pilot demonstration facility.

Following an announcement earlier this month that Alfen will build the Czech Republic’s first large-scale battery energy storage system (BESS), the Dutch grid-scale system integrator has just completed a megawatt-scale project in Belgium.

Energy storage battery and system maker Leclanché will pilot the use of stationary energy storage to support fast charger networks for electric vehicles (EVs) in Holland.

The UK and Ireland subsidiary of the Virginia-headquartered AES Corporation has signed an agreement with a Northern Irish government agency to build a 100MW battery storage array.

The Renault-Nissan Alliance will build a 100MW battery storage project using its second-life EV batteries, according to media reports.

With Intersolar Europe and the accompaying ees Europe events taking place this week for PV systems and energy storage respectively in Munich, we thought it timely to speak with Philipp Schröder, managing director for sales and marketing at Germany’s leading storage provider, Sonnen.

French hybrid energy storage solutions provider Electro Power Systems has secured an equity-linked financing deal to the sum of €30 million (US$31.88 million) with the European Investment Bank (EIB).

SolarEdge is rolling out a new complete residential solution throughout Europe that combines inverters, storage and home automation. The idea is to manage and monitor electricity consumption, solar energy generation and storage through one central device control that enables enhanced energy independence and increases self-consumption.

SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.

German inverter manufacturer SMA and Korean battery maker LG Chem have teamed up to offer a residential solar storage solution in Europe and Australia from December 2016 onward.