The UK government is looking to bring in policy specifically around long-duration energy storage (LDES) by the end of next year.

Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.

The second life energy storage market is about to enter a consolidation phase, CEO of Mercedes-Benz Energy tells Energy-Storage.news.

Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.

Swathes of energy storage projects including battery storage and pumped hydro have been approved by the regulator in Greece, as the country prepares for a big battery storage auction.

Some 100-200MW of grid-scale battery storage could come online in Sweden this year, local developer Ingrid Capacity told Energy-Storage.news.

Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm.

The power solutions arm of manufacturing firm Volvo Group has expanded into the battery energy storage system (BESS) market, launching a sub-system product initially in the US and Europe.

Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said.

The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.