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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.
Germany solar industry association pushes for binding 2030 target of 100 GWh of battery storage
Today's installed capacity would have to quadruple over the next five years to attain that goal. The association has also made recommendations on how storage expansion can be accelerated and can support the energy system.
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