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China scraps energy storage mandate for renewable energy plants
In a major policy shift towards electricity market liberalization, China has introduced contract for difference (CfD) auctions for renewable energy plants and removed the energy storage mandate, which has driven up to 75% of the nation's demand to date. S&P Global expects the move to reverberate throughout the global battery energy storage supply chain, further driving down prices that are already at historically low levels.
Mar 14, 2025
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Dutch start-up develops sodium-ion battery tech for solar colocation
Founded by former Tesla leaders, Amsterdam-based Moonwatt is taking a novel approach to sodium-ion battery technology, optimizing it for colocation with solar power plants. The company has raised $8.3 million in seed funding to accelerate its growth, with plans for a pilot installation in Europe next year and commericial deployments by 2027.
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China scraps energy storage mandate for renewable energy plants
In a major policy shift towards electricity market liberalization, China has introduced contract for difference (CfD) auctions for renewable energy plants and removed the energy storage mandate, which has driven up to 75% of the nation's demand to date. S&P Global expects the move to reverberate throughout the global battery energy storage supply chain, further driving down prices that are already at historically low levels.
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Dutch start-up develops sodium-ion battery tech for solar colocation
Founded by former Tesla leaders, Amsterdam-based Moonwatt is taking a novel approach to sodium-ion battery technology, optimizing it for colocation with solar power plants. The company has raised $8.3 million in seed funding to accelerate its growth, with plans for a pilot installation in Europe next year and commericial deployments by 2027.
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UK regulator reveals criteria of LDES cap-and-floor scheme
Long duration energy storage (LDES) support scheme will have eight-hour minimum. First application round opens to well-established technologies, such as lithium-ion battery technology, with at least 100 MW capacity in April 2025. Flow batteries, compressed air, and liquid air likely to progress in second round, says regulator.
Australian distributed battery rollout gets political
As a federal election draws nearer, the ways in which much-needed batteries in Australia’s electricity distribution network are incentivised is becoming highly political. With the rollout of community battery projects supported by the federal government underway, industry insiders are hoping that politicians settle on measures that will make distributed battery adoption mainstream.
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