I would like to add new band Avant Guardian from Italy, these guys look like they have potential.
Also, "The Expendable" from Belgium recorded a demo called "This is a Demo, so Don't Expect too much. Thank You!." (Chiptune / Instrumental Power), but I couldn't find any image or video for these guys.
@ Susan Thanks for notifying me! The new links should be working now.
I added the newest stuff, my favorites of the bunch would probably be Gloryhammer (recommended to any Alestorm fan) and A Hero For the World (even though their singer is a carbon copy of Sammet)!
Another album I like is the new Starbreeze - these guys identify themselves as "Mass Effect metal." I never played Mass Effect but I really like the futuristic / space theme.
New Amorphis and Amon Amarth wouldn't really fit into this topic, so I didn't put them up there. But it's definitely true that the newest stuff out of them are nothing but stellar!
A little update. Both new Kaledon and Dreamtale were fantastic, albeit the latter kinda fell short of my huge expectations. Still, this is top-tier finnish power metal.
New Battle Beast is also great and so is Timo Tolkki's new project, but it's no Avantasia.
New Pellek is surprisingly catchier than the debut.
There's a ton of power metal to come in June and July; I'm looking forward to Cardiant, Magnus Karlsson, Masterplan and Powerwolf! It really is a good year to be a fan of the genre.
Found this band from Italy, Asgard in their very good quality power metal album titled "Outworld". Here the youtube preview and the review. It's pitty they seems don't have a metalstorm page .