Germany’s energy storage market has reached a new benchmark. Eco Stor has completed financial close for a battery energy storage project with a capacity of 300 MW and 718 MWh, to be built in Förderstedt. It is described as the…
wo companies listed on the Tel Aviv Stock Exchange—Airengy and Hagag Europe—will invest around €55 million (approximately $63.6 million) in building a compressed air energy storage (CAES) power plant in Romania. The project will use Airengy’s proprietary long-duration energy storage…
China Energy Investment Corp., a state-owned enterprise, has completed construction of the integrated Guohua Rudong complex in Jiangsu Province. The project combines an offshore photovoltaic plant, a battery energy storage system, and a green hydrogen production facility within a single…
A German pilot project in the town of Widderstall is investigating whether commercial energy storage systems coupled on the DC side could become a key enabler for building larger photovoltaic installations in areas with limited grid connection capacity. The innovative…
Fortis Energy, a renewable energy developer operating in the Balkans, Turkey, and the Netherlands, is preparing to begin construction of the Erseke photovoltaic plant in Albania. The project is a modern hybrid installation combining a large-scale solar power plant with…
Austrian battery manufacturer Salzstrom has secured its first commercial order for large-scale energy storage systems based on sodium iron phosphate technology. The contract marks the official start of mass commercial production for the company. The customer is the German R&D…
Chinese battery manufacturer CATL has announced a rapid expansion of its energy storage segment. The company estimates that by 2030, this business line will account for around 50% of its sales, compared to approximately 25% today. Renewable energy needs storage…
Spanish independent power producer Grenergy has officially inaugurated the Elena complex — a battery energy storage system with a capacity of up to 3.5 GWh, located in Chile’s Antofagasta region. The Madrid-based developer emphasizes that this is currently the largest…
Slovenian energy market operator Borzen has published detailed guidelines for a new support program offering non-repayable grants for the purchase and installation of battery energy storage systems. The budget for the call amounts to €10 million (around $11.5 million), with…
Off the coast of Shanghai, the world’s first underwater data center powered by electricity from an offshore wind farm has begun operations. The investment marks another step in China’s push to build more energy-efficient digital infrastructure designed to meet the…