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…
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…
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…
Estonian renewable energy developer Sunly has signed a contract with the British engineering group Rolls-Royce’s subsidiary for the supply of four battery energy storage systems. The total contracted capacity of the systems will be 490 MWh, and all projects will…
Brazil’s electricity regulator, Agência Nacional de Energia Elétrica (ANEEL), has approved long-awaited regulations for energy storage systems and their connection to the power grid. The decision paves the way for the large-scale deployment of battery energy storage systems (BESS), ending…
Chinese inverter and energy storage manufacturer and supplier Sungrow Power Supply has announced the official start of commercial operations of a groundbreaking new project in Myanmar. After a commissioning process that lasted just seven days, a 110 MW solar power…