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Illustration of compressed air cases
Grid-scale
Eneco, Corre Energy partner on compressed air energy storage project Corre Energy, a Dutch long-duration energy storage specialist, has partnered with utility Eneco to deliver its first compressed air energy storage (CAES) project in Germany. Eneco will acquire 50% of the project.
Marija Maisch
May 16, 2024
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Distributed
Spain’s storage deployments hit 495 MWh in 2023 According to new data from trade body UNEF, Spain reached 1.823 MWh of cumulative storage capacity at the end of December 2023.
Pilar Sanchez Molina
May 15, 2024
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Varta lithium-ion battery
Industry
Sinovoltaics publishes energy storage manufacturer financial stability ranking Sinovoltaics has released its latest energy storage manufacturers ranking report, based on balance sheet assessments and publicly available financial information. It lists US-based Tesla as number one, followed by South Korean’s LG Energy Solution, Taiwan-based Kung Long Battery, China’s Mustang Battery, along with US-based Solid Power in the top five.
Valerie Thompson
May 15, 2024
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Portable battery energy storage system
Second-life batteries
JLR, Allye Energy partner on 270 kWh portable battery energy storage system Jaguar Land Rover (JLR) and Allye Energy have agreed to collaborate on a 270 kWh portable battery energy storage system (BESS) built with second-life Range Rover batteries. The system, which is set to become the first commercially available BESS with JLR battery packs, can fully charge up to nine Range Rover PHEV vehicles at once.
Patrick Jowett
May 10, 2024
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Workers sorting old batteries
Recycling
Envirostream eyes increased recycling revenues after boosting battery volumes Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.
David Carroll
May 10, 2024
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Borrego Solar and storage installation
Supply chain
Booming U.S. energy storage installation grows 90% year-over-year Lowered costs, easing supply chains and steady demand continued the energy storage boom, said a report from Wood Mackenzie.
Ryan Kennedy
May 06, 2024
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Diagrams of vanadium redox flow batteries
R&D
Evaluating the profitability of vanadium flow batteries Researchers in Italy have estimated the profitability of future vanadium redox flow batteries based on real device and market parameters and found that market evolutions are heading to much more competitive systems, with capital costs down to €260/kWh at a storage duration of 10 hours.
Marija Maisch
May 01, 2024
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GIGA Storage 600 MW battery park
Grid-scale
Europe’s largest battery storage project secures approval Netherlands-based developer Giga Storage has obtained the irrevocable permit for the construction of a 600 MW/2,400 MWh battery energy storage system (BESS) project in Belgium.
Marija Maisch
Apr 19, 2024
2
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Batteries and PV modules
Policy
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.
Marija Maisch
Apr 18, 2024
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