The EV charging and energy solutions arm of Volkswagen Group is entering the large-scale BESS market, with individual projects up to 350MW/700MW in size and the first, in Germany, planned for next year.
Real estate investor Montea will put €30 million (US$33 million) to installing 56MWh of distributed battery energy storage systems (BESS) at logistics sites in Belgium and the Netherlands.
Trade association EASE has urged policymakers to recognise the vital role energy storage can play in solving energy sector challenges as European Union (EU) elections take place.
Steven Miles, premier of Queensland, Australia, unveiled plans yesterday (7 June) to allocate a record AU$26 billion (US$17 billion) to the state’s Energy and Jobs Plan over the next four years, facilitating the rollout of solar PV and energy storage technology.
Invinity Energy Systems, a technology company that develops vanadium redox flow batteries (VRFB), plans to expand its manufacturing footprint in Scotland, UK.
The European Council has formally adopted the EU’s support package for its clean energy manufacturing industry, the Net-Zero Industry Act (NZIA), amidst mixed fortunes for local battery gigafactory projects.