Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has expanded its manufacturing facility in Vancouver, Canada, to 200MWh of annual capacity.

The European Commission has given the go-ahead to a €150 million (US$160 million) state aid scheme for renewable energy and energy storage in Slovenia.

The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026.

The US Department of Energy (DOE) has cancelled a US$200 million grant application from lithium-ion battery firm Microvast, which rejected any links to the Chinese government.

The US state of Minnesota has passed a package of incentives for solar, energy storage, microgrids and energy resiliency totalling US$80 million.

The Ministry of Energy in Hungary will provide grants for the deployment of energy storage projects, with some 1GWh targeted by 2025.

Utility Xcel Energy has received a US$20 million grant commitment from VC firm Breakthrough Energy for projects using Form Energy’s iron-air battery, while a sodium ion battery firm has secured bridge financing.

The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million (US$37.5 million) in grants for long-duration energy storage (LDES) projects from Synchrostor, Invinity Energy Systems and Cheesecake Energy.

The Asian Development Bank is providing financing to Tata Power Delhi Distribution Limited towards a 10MWh pilot project in Delhi, India.

The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.