European Commission (EC) strategy puts energy storage as cornerstone of a decarbonised and secure energy system for the EU.

This edition of news in brief from around the world in energy storage comes from our UK colleagues at Solar Power Portal.

Longroad Energy has achieved financial close on Arizona project which will pair 285MWdc of solar PV with 215MW/860MWh battery storage.

Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.

We continue looking back over 2022’s top content on Energy-Storage.news with our pick of the Guest Blogs published in the past 12 months.

Norwegian state-backed credit agency Eksfin is providing US$100 million in guarantees for three co-located energy storage projects in South Africa from renewable energy developer Scatec.

On.Energy has raised US$100 million in project financing from UK fund SDCL Energy Efficiency Income Trust plc (SEEIT) for its US and Canada energy storage project deployments.

Broad Reach Power is the latest US battery storage industry player to announce US$100 million or more in financing over the past few weeks.

News in brief, from another busy week for our colleagues reporting on the UK battery storage market at Solar Power Portal.