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Small 24/7 clean power commitments could cut costs for long-duration storage
TU Berlin researchers say early demand for round-the-clock carbon-free electricity could help bring advanced energy technologies to market faster through technology learning effects. Grant funding for the research was provided by Google, which has since announced plans to build the world’s largest iron-air battery.
5 hours ago
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World’s largest compressed air energy storage station now fully operational in China
With 600 MW of installed capacity and 2,400 MWh of storage, the Huai'an Salt Cavern project is now the world’s largest compressed air energy storage facility, surpassing the 300 MW/1,500 MWh project commissioned earlier this year that previously held the title.
Romania: Financial close for 1 GWh co-located battery; construction starts on 116 MWh BESS retrofit
Vienna-based IPP Enery has secured €460 million green financing for one of Europe's biggest hybrid solar-and-storage project, while Denmark’s Eurowind Energy has kicked off installation of its 120 MWh Teiuș battery system, highlighting major momentum in Romania’s renewable energy transition.
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Operational issues hit returns in one in five battery storage projects, report finds
A recent report from battery intelligence firm Accure reveals that while most battery energy storage systems (BESS) operate reliably, nearly 19% of projects experience reduced returns due to technical issues and unplanned downtime.
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