Germany-based flow battery company VoltStorage has been granted a venture debt loan of €30 million (US$33 million) by the European Investment Bank (EIB), guaranteed by the European Commission.

Utility and network operators RheinEnergie and Bayernwerk have respectively started building and commissioned 7MWh battery storage projects in Germany.

Projects using novel, non-lithium battery technology have been progressed by organic flow battery firm CMBlu, liquid metal battery firm Ambri, and the NAS battery division of NGK Insulators.

System integrator Eco Stor is planning to build a 300MW/600MWh battery energy storage system (BESS) in Saxony-Anhalt, Germany, one of the largest projects in Europe.

Europe saw an 83% increase in residential battery installations in 2022, according to research firm LCP-Delta.

Global BESS integrator Fluence has secured its second ‘Grid Booster’ battery storage project in Germany, this time with TSO TenneT for two projects totalling 200MW.

Germany-based BESS integrator Intilion and its parent company Hoppecke have decided not to pursue a public listing because of the ‘current capital markets environment’.

Metals group BASF has begun commissioning on what it claimed is the first combined battery cathode materials production and recycling plant, in Germany.

Germany-based battery energy storage system (BESS) integrator Intilion is planning to go public with an IPO in the third quarter of the year.

Iron-saltwater flow battery company ESS Inc looks set to deploy by far its largest project to-date, a 50MW/500MWh system at a renewables hub from German energy firm LEAG, with potential for more.