ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.

In the past few days, EU policymakers have made decisions on key aspects of legislation that have been welcomed by industry group EASE.

RWE has unveiled plans for an up to 600MW solar development on land in in northern England.

Rules on battery sustainability, performance and labelling will become more stringent within the European Union (EU).

Wärtsilä Energy has signed additional contract with EDF Renewables UK for 50MW/100MWh lithium-ion energy storage facility in England.

European Commission has given green light for state aid towards development of a large-scale pumped hydro energy storage in Finland.

Lithium-ion battery pack prices have gone up 7% in 2022, marking the first price rise since BloombergNEF began its surveys in 2010.

Irish government has launched a consultation to help direct the development of a policy framework for energy storage.

Energy crisis resulted in high ancillary services revenues for battery storage, with some assets earning four times more than expected.

UK government Department for Business, Energy and Industrial Strategy has provided US$39.67 million to five energy storage projects.