Major international finance groups have contributed to a raise of more than half-a-billion US dollars in funding for developer Hecate Energy.

Zinc-air flow battery company Zinc8 Energy Solutions has won US$9 million in state tax credits for its new manufacturing facility in Ulster County, New York.

European policy makers need to strengthen the role of flexibility technologies, write Fluence’s Julian Jansen and Lars Stephan.

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.

rPlus Energies has submitted a Final License Application for a 900MW/9GWh pumped hydro energy storage (PHES) plant in Wyoming, a milestone reached by only six projects in the past 20 years.

A total of US$92 billion has been invested in the US battery supply chain since Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.

One of Sweden’s DNOs Ellevio Group is investing in four new battery storage projects totalling 70MW, supplied by Alfen, the latest in a series of large-scale projects.

Gigawatt-hours of used EV batteries are now hitting the market, and California-based Element Energy claims it has the ideal BMS platform to scale second life energy storage technology.

Aypa Power has secured US$320 million to advance activities including interconnection agreements and customer contracts for a 15GW+ pipeline.

Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding.