Inverter and BESS firm Sungrow has launched its latest grid-scale energy storage product offering beyond the 20-foot form factor, following in the footsteps of other providers.
Details on the wind-down of US-based BESS firm American Energy Storage Innovations (AESI) have come out, while battery recycler Li-Cycle has filed for Chapter 15 bankruptcy and been ordered to cease stock market trading.
Owner-operator Eco Stor has connected what it claimed is the largest BESS in Germany to the grid, while its former majority owner is going to build a BESS in Finland.
Germany is regularly described as Europe’s hottest market for energy storage, but its current regulatory framework is holding it back and changes down the line are also a concern.
Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.