Author
Petra Hannen
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Articles written by Petra Hannen
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Next Kraftwerke and Eco Stor sign tolling deal for 300 MW German BESS
A five-year tolling agreement covering 80% of the Förderstedt project's capacity gives Germany's largest planned battery storage system a contracted revenue base before its first block enters service in November, with the remaining 20% left exposed to merchant market signals.
Invinity supplies large-scale vanadium flow storage for Flexbase project in Switzerland
The Flexbase Group is currently building a large data center for artificial intelligence in Laufenburg, along with a flow battery with a capacity of 800 MW and 1600 MWh. This vanadium flow battery will be supplied by the British-Canadian company Invinity.
SMA and Hyperstrong agree to cooperate worldwide on energy storage
The German photovoltaic and storage company and the Chinese provider of energy storage solutions intend to cooperate on large-scale storage projects worldwide. The primary goal is to achieve synergies in the supply chain and in the technological field.
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Germany’s Green Flexibility secures up to EUR 400m equity finance for grid-scale batteries
Swiss private equity firm Partners Group will invest in the German battery energy storage specialist. Green Flexibility said the backing, plus other borrowing, will finance more than EUR 1 billion ($1.03 billion) worth of projects.
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