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Netherlands allocates €100 million for battery storage subsidies
The Dutch government has earmarked €100 million ($106.7 million) of subsidies for the deployment of battery storage alongside PV projects. The funds are part of a €416 million subsidy program announced last year to alleviate grid congestion.
Apr 18, 2024
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Battery heavyweights reaffirm commitment to solid-state technology
Only weeks after Chinese battery and car manufacturers united as part of a government-led initiative to commercialize solid-state battery technology, South Korea’s Samsung SDI has confirmed its readiness to start mass production of its all-solid-state battery technology with an energy density of 900 Wh/L.
Standard Energy unveils vanadium-ion battery with 1% degradation
Vanadium offers unique characteristics as a battery material, as it can shed electrons without shifting from its ionic state, ensuring high cycling stability. South Korea’s Standard Energy has developed a battery with just 1% degradation after 20,000 cycles. The company has already completed 10 MWh of projects in its home market and now aims to expand internationally.
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