Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.

European gigafactory group FREYR’s new technology resources campus and business unit in Japan could see it partner with companies in addition to existing technology provider 24M, CEO Tom Jensen told Energy-Storage.news.

Lithium-ion gigafactory company Northvolt’s energy storage system (ESS) assembly factory in Poland has won a share of €1.8 billion (US$1.8 billion) in EU grant funding, along with a battery recycling plant in north France.

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.

Enervenue has already got 5GWh of customer orders for its metal-hydrogen battery for stationary storage.

European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.

Some anticipated lithium-ion battery gigafactory projects in Europe are quietly revising their plans and may not open at all, according to the head of energy storage for research and consulting company Delta-EE.

FREYR Battery will go ahead with construction of its first battery gigafactory in Norway, which has announced a National Battery Strategy.

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

KORE Power will provide batteries for a 20MWh battery storage project under development between ABB and UK green energy supplier Ecotricity.