Developer Corre Energy, which focuses on renewable energy storage systems, has partnered with Dutch company SemperPower, a leader in Battery Energy Storage Systems (BESS). Together, they plan to launch an advanced energy storage project in Zuidwending (ZW1), Netherlands. Zuidwending –…
The Solar Energy Corporation of India (SECI) has issued a tender to build 1000MW/2000MWh of battery energy storage systems (BESS). This is the largest project ever by a state-owned company in India for standalone BESS resources. Groundbreaking tender in India…
The UK energy storage market is growing quickly. Right now, it has a capacity of 4.6 gigawatts (GW) and 5.9 gigawatt-hours (GWh). By the end of 2024, it is expected to reach 7.4 GW and 11.6 GWh. This growth is…
In 2023, Europe saw a 94% increase in installed energy storage capacity. This significant growth is an excellent response to the threats to energy security posed by the war in Ukraine. Home energy storage drives the market Traditionally, in the…
In 2023, Europe saw a 94% increase in the amount of energy storage installed. This is a great response to the energy supply threats caused by the war in Ukraine. Home energy storage is driving the market\ Traditionally, SolarPower Europe,…
Energy from photovoltaics is increasingly used in households, creating a need for home energy storage facilities. These devices are rapidly gaining popularity worldwide. In Europe, the largest markets are Germany, Italy, the UK, Austria, and Switzerland. The Solar Power Europe…
The German car company Volkswagen is now focusing more on producing and storing energy from renewable sources. In May, they announced that a Power Center installation with a capacity of 700 MWh will be ready in 2025. Recently, they also…
The Swiss-American startup Energy Vault recently announced that it has secured USD 100 million in funding. This investment is intended to support the development of gravitational energy storage. Energy storage mechanism according to Energy Vault The system developed by Energy…
At present, there are 9,584 buildings around the world that are at least 150 meters tall. These buildings have mainly been admired for their unique designs. However, they might soon have new uses. Skidmore, Owings & Merrill (SOM), the firm…
Sungrow Power Supply and Nofar Energy have entered into an agreement to construct an energy storage facility in Germany with a capacity of 116.5 MW. This marks the first investment of its kind utilizing PowerTitan2.0 technology. Nofar Energy investments Nofar…