Hyme Energy will deploy a 20-hour hydroxide molten salt-based thermal energy storage system in Rønne, Denmark, for 2024 while Azelio has just completed the installation of a unit in Dubai, UAE.

Gigafactory firms Northvolt and Britishvolt have commented on news reports that economic conditions are negatively affecting their plans, in statements provided to Energy-Storage.news.

Renewable energy developer Alight is adding a 2MW/2MWh battery system to a 12MW solar park in Sweden, creating the largest solar-plus-storage project in the country.

Recently-formed energy storage developer Ingrid Capacity is building a 70MW battery storage facility in Sweden for a H1 2024 delivery date, the largest planned in the Nordic country.

Swedish state-owned energy company Vattenfall has commissioned a green hydrogen storage pilot facility within a 100GWh capacity cavern.

Alfen has been contracted to supply a battery energy storage system (BESS) in Sweden for electricity network company Ellevio.

The past week has seen thermal energy storage solution companies strike or execute on commercial deals across Norway, Greece, Israel and South Africa.

European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.

New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.

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