Oschadbank has signed a six-year investment agreement with the international Ukrainian company KNESS for an amount of €9.6 million. These funds will be used to finance and refinance the construction and commissioning of energy storage systems (ESS). The European Bank…
Australia is on the verge of a dynamic growth in energy storage systems at a utility scale. According to the BloombergNEF report “2025 Australia Energy Storage Update,” the capacity of these systems could increase up to eightfold – from 2.3…
The UK government has granted official approval for the North Lincolnshire Green Energy Park (NLGEP) project. This opens the way for the implementation of a groundbreaking initiative in waste-to-energy conversion and hydrogen production. The complex, which will be located on…
Korea Hydro & Nuclear Power (KHNP) has long been considered one of the most important potential partners for the development of nuclear energy in Europe. Until recently, there were discussions about several projects that could support the energy transition on…
The energy storage market in the United States continues to grow, although forecasts for 2025 indicate a slowdown in the expansion pace. According to the latest “US Energy Storage Monitor” report, the total capacity of new installations is expected to…
According to the plans outlined by the President of the European Commission, Ursula von der Leyen, nuclear energy and renewable energy are to be the main answers to the price crisis and growing demand for electricity in the coming years.…
Eurowind Energy, in collaboration with BOS Power, is starting the implementation of one of the largest energy storage systems in Denmark. The installation will become an important part of the advanced hybrid wind-solar power plant at GreenLab Skive. The goal…
In the face of growing challenges related to Germany’s energy transition, GASCADE Gastransport GmbH has reached a breakthrough stage in the development of hydrogen infrastructure. As part of the Flow – Making Hydrogen Happen project, the first hydrogen filling of…
The Mexican Energy Regulatory Commission (CRE) has introduced new regulations regarding the integration of electricity storage systems (EES) with the National Electric System (SEN). This is a groundbreaking step toward modernizing the country’s energy infrastructure and increasing its stability. New…
Northvolt, Swedish Electric Car Battery Manufacturer, Files for Bankruptcy: Is This the End of an Era? On March 12, Northvolt, the Swedish electric vehicle battery manufacturer, filed for bankruptcy. This decision has sparked widespread concern not only in Sweden but…