Browsing: energy storage

European energy storage startups have attracted €2.14 billion in equity funding, underscoring how capital is increasingly targeting technologies capable of stabilizing power systems with high renewable penetration.

Sustainable Energy Solutions Sweden Holding AB has agreed to sell its 85 megawatt, 170 megawatt hour battery energy storage project at the Pyhäsalmi mine to a Frankfurt based infrastructure investor, signaling growing institutional appetite for mature Nordic storage assets positioned for both frequency regulation and wholesale market arbitrage.

Kemet Industries Group and China based energy storage manufacturer Cornex have signed a cooperation agreement to establish a battery manufacturing facility in Egypt with an annual production capacity of 5 gigawatt hours.

Northern Graphite Corporation and Saudi diversified industrial group Obeikan Investment Group have signed a term sheet to jointly develop a large scale battery anode material facility through a dedicated joint venture.

Peregrine Energy Solutions plan to build a $400 million battery energy storage facility in Harrison County, reflecting both local economic ambitions and broader grid balancing needs across the Texas and Southwest Power Pool systems.

Chile’s rapid buildout of solar and wind has exposed a structural constraint that capacity additions alone cannot solve: curtailment and volatility in a grid dominated by intermittent generation.

Root-Power has obtained planning permission on appeal to develop a £45 million, 100MW battery energy storage system near Kegworth in Leicestershire, marking a significant step in the region’s shift away from fossil fuels.

When the United States moved against Venezuela in early 2026, the geopolitical signal was loud. The oil market’s response was…

Second life electric vehicle batteries are edging closer to commercial relevance in the UK energy system, but questions around performance consistency, integration risk, and long term value remain unresolved.

BP’s decision to write down up to $5 billion from its gas and low carbon energy division places a hard number on what has been an increasingly visible problem for the company: its early and aggressive push into renewables has failed to deliver competitive returns relative to its peers.