Developer Available Power and Linxon, a joint venture between engineering firm SNC-Lavalin and Hitachi Energy, are targeting 1GW of battery storage projects in the ERCOT, Texas market.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

MoU signed by subsidiary of India’s Oil & Natural Gas Corporation (ONGC) for a large-scale battery storage project in Assam.

Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.

Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions.

Gotion is in a joint venture (JV) building a lithium iron phosphate (LFP) cell gigafactory in Vietnam, targeting EV and ESS sectors.

Maoneng Group has received equity investment to fast track some of Australia’s biggest battery storage projects.

Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

London Stock Exchange-listed NESF has launched a joint venture partnership with developer Eelpower worth £200 million (US$233 million).

State-owned electricity company ESB and geoenergy company dCarbonX have signed a JV to explore green hydrogen storage opportunities off the coast of Ireland.