VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.

The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.

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.

Global system integrator Fluence and utility Münch Energie are developing a solar-plus-storage plant with 34MWh of storage in Merseburg, Germany.

Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future.

Swedish public utility Vattenfall is about to start filling a 45m-high, 200MW-rated thermal energy storage facility with water in Berlin, Germany.

Swiss Life Asset Managers has acquired a 50% stake in BCP Battery Holding, a company with several utility-scale battery energy storage system (BESS) developments in Germany.

The German parliament has passed law amendments giving energy storage its own legal definition, in a move welcomed by industry sources.

Greece-based battery manufacturer Sunlight Group has received €275 million (US$290 million) in loan financing to expand production and research.

European battery energy storage deployments are expected to plateau over 2024-27 due to lithium-ion scarcity whilst the continent will need 200GW by 2030 to accommodate additional renewables, according to a new report and webinar.