Norwegian firms Morrow Batteries and Eldrift have announced a non-binding offtake agreement for 1.5GWh of Morrow’s lithium iron phosphate (LFP) batteries.

Vehicle-to-grid (V2G) firm Nuvve will use its platform to manage 40MW of EV chargers and battery storage capacity in frequency regulation markets in Norway and Denmark.

The first vanadium redox flow battery (VRFB) installation in Norway, a 5kW/25kWh system, was unveiled this week.

A handful of companies are trying to get in early and design and deploy ‘second life’ energy storage units using EV batteries ahead of an expected boom in supply in the second half of the 2020s.

A roundup of the biggest projects, financing and offtake deals in the sector that Energy-Storage.news has reported on this year.

Could we start seeing ‘third life’ or even ‘fourth life’ energy storage, with EV batteries deployed in multiple different systems in their lifetime?

Oslo-based second life battery storage solutions firm Evyon has raised €8 million (US$8.3 million) in a pre-Series A fundraising round, led by VC firm Sandwater.

Norway-based thermal energy storage company Kyoto Group has signed a letter of intent (LOI) to deploy an 88MWh system in Spain in the second half of 2023.

Equinor has approved the final investment decision of its first battery energy storage asset in the UK.