Lithium-ion gigafactory company FREYR has chosen the state of Georgia for its planned US production facility amidst reports it is in talks to raise US$500 million from private equity firm KKR.

Smart charging and vehicle-to-grid (V2G) specialist The Mobility House has raised a US$50 million internal Series C.

A global battery storage development platform has been launched by Macquarie Asset Management’s Green Investment Group (GIG).

Invinity Energy Systems and Eos Energy Enterprises are providing long duration energy storage systems to the ‘biggest renewables microgrid project in the US’, being developed for the Viejas Tribe of Kumeyaay Indians in Southern California.

Investor Fotowatio Renewable Ventures (FRV) has acquired a 600MW portfolio of battery energy storage system (BESS) projects in development in Greece.

Gigafactory firms Northvolt and Britishvolt have commented on news reports that economic conditions are negatively affecting their plans, in statements provided to Energy-Storage.news.

Energy storage developer Convergent Energy and Power has deployed a 4MW/8MWh battery energy storage system (BESS) for Ford Motor’s engine plant in Ontario, Canada.

Taiwan-based Aleees will provide its lithium iron phosphate (LFP) cathode manufacturing process technology for ICL Group’s US$400 million facility in Missouri, US.

News of major project acquisitions in another busy week for the UK battery storage market.

Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major vanadium projects have progressed.