The European Commission must “acknowledge the clear role of long-duration energy storage,” organisations including Energy Storage Europe and the LDES Council have urged.
Recharge Power, a Taiwanese battery energy storage system (BESS) developer and integrator, has signed a strategic cooperation agreement with Australian renewable energy developer Energy Decarb to establish a joint venture targeting the Australian solar PV and battery storage market.
US sodium-ion (Na-ion) battery startup Alsym Energy and domestic manufacturing company Re:Build Manufacturing are partnering to develop commercial-scale battery cell manufacturing capacity in the US.
Owner-operator Eco Stor has secured a long-term toll with utility Next Kraftwerke for its 300MW/700MWh project in Förderstedt, Germany, one of the largest being built in the country.
Solar PV solutions provider Nextpower has entered into a definitive agreement to acquire BESS system integrator Prevalon Energy for up to US$365 million.
The European Commission has approved a €9 billion (US$10.5 billion) scheme to shore up its energy capacity, which will be open to new and existing projects including energy storage.