Reliance New Energy Limited, part of the massive Indian conglomerate, has acquired LFP battery manufacturer Lithium Werks for US$61 million two months after buying a sodium-ion battery producer.

Industry-watchers will closely follow how the recently completed acquisition of energy storage system integrator NEC ES by LG Energy Solution pans out.

Following last year’s acquisition, independent power plant developer Green Frog Power has rebranded as Pulse Clean Energy and unveiled a target of 1GW+ of energy storage assets in the UK.

LG Energy Solution, the battery technology arm of South Korea’s LG Group, has completed its acquisition of 100% ownership in battery energy storage system (BESS) integrator NEC ES.

Renewables owner and operator Brookfield Renewable has tripled its US development pipeline to 31GW through the US$650 million acquisition of clean power developer Urban Grid.

The first lithium-ion battery cells have been produced at Northvolt’s new gigafactory in Sweden and a UK sodium-ion battery startup has been acquired by the solar subsidiary of India’s Reliance Industries.

News in brief from around the world in energy storage.

South Korean energy company SK E&S is now the new owner of US utility-scale energy storage developer, owner and operator Key Capture Energy. 

Equinor has acquired a 45% stake in UK utility-scale energy storage and stability services developer Noriker Power.

Global investment manager Quinbrook Infrastructure Partners has acquired UK-based optimisation and trading platform Habitat Energy Limited.