Sodium-ion’s position has strengthened substantially in the past 12 months but its adoption in Europe depends on several key factors including data centres and their use case, an analyst said.
South Korean battery giant LG Energy Solution (LG ES) has signed a non-binding memorandum of understanding (MOU) with owner-operator Energix-Renewable Energies to expand collaboration on energy storage projects in Europe and the US.
BESS developer Kyon Energy has commissioned and put into operation its 137.5MW/282MWh Alfeld BESS project in Germany, potentially the country’s largest to reach that milestone.
IPP Greenvolt has agreed to sell two BESS in Poland to A&R, PGE Group has started building an 800MWh one, while SC Holding, Tauron and Tavion have launched projects into the country.
As BESS projects grow more complex, so does the question of what ‘purpose’ even means in a construction contract, writes contracts lawyer Suriya Ashok of Clyde & Co.
Owner-operator Giga Storage has finalised financing for the construction of its 350MW/1,400MWh Albatross energy storage project near Neuenkirchen in Lower Saxony, Germany.
The global energy storage market will see a decade of sustained, rapid growth and reach 3.1TW cumulative capacity by 2036, according to BloombergNEF (BNEF).
As demand for battery storage soars, the European Union (EU) has tried to grow its local battery supply chain with mixed success so far, writes PV ESS analyst Charlotte Gisbourne.
BESS investments in the French market are moving to longer durations with saturation expected to hit the secondary reserve market, currently the main way operational projects make their money.