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Tesvolt battery storage to benefit from “Made in Europe” funding bonus in Austria
Tesvolt's new battery modules, each offering 6.25 kilowatt-hours of storage capacity and a scalable design, are set to receive Austria's "Made in Europe" funding bonus. This eligibility stems from their production in Wittenberg, Germany. The bonus will be introduced with the upcoming funding call in June.
17 hours ago
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Dutch utility Eneco to use residential batteries for grid stress relief
Dutch energy supplier Eneco has partnered with local energy storage manufacturer Charged to trial the use of solar power stored in home batteries of customers with fixed and variable contracts in a bid to alleviate stress on the grid.
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Desay Battery, Victory Giant Technology partner on China’s largest user-side energy storage project
The project, located in Victory Giant Technology Industrial Park in Huizhou, Guangdong Province, is designed to have a capacity of 121MW / 630MWh, making it the largest commercial and industrial (C&I) energy storage station in China.

Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the end of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.

In Conversation: How cheap can battery storage get?
Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
Jul 04, 2024
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