Polarium, a Swedish manufacturer of lithium-ion based battery energy storage systems (BESS) technology, has been valued at over a billion dollars.

Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.

The Energy Regulatory Office (ERO) of Kosovo is reviewing an application to build a 250MW pumped hydro storage facility.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

EStor-Lux, Belgium’s battery energy storage system (BESS) at 10MW/20MWh, was officially inaugurated on Tuesday (26 April).

News in brief from around the world in energy storage.

US commercial real estate firm Stream Realty Partners is partnering with independent power producer Catalyze to deploy over 450MW of solar and battery storage projects across its property portfolio.

The US Department of Energy Loan Programs Office has committed US$504 million to a 300GWh hydrogen storage project in Utah and another US$107 million to a graphite facility in Louisiana.

Renewable energy developer ZEN Energy has taken on responsibility for a 600-800MWh battery energy storage system (BESS) project in Western Australia while the regional government is funding a downstream graphite facility project for battery applications at the same location.

Debt and equity financing worth US$1.9 billion has been closed for one of the US’ largest solar-plus-storage power plants to date.