Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.
Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS.
A newly-announced battery gigafactory in the US from startup SPARKZ will make batteries suitable for grid storage and will be built in the heart of Appalachian coal county in West Virginia.
Swedish public utility Vattenfall has opened its Energypark Haringvliet in the Netherlands, which combines wind, solar and a 12MWh battery energy storage system (BESS).
Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.
