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.
Spanish independent power producer (IPP) Grenergy has planned to invest €3.5 billion (US$3.9 billion) to increase its energy storage and hybrid portfolio by 2027.
Ingrid Capacity and SEB have broken ground on a large-scale BESS in Finland, while Monsson has acquired a project in Sweden which it will start building in June.
Utility and power generation firm RWE will trade 50MW/100MWh of BESS capacity in Germany from the virtual aggregation platform of startup Terralayr under a five-year agreement.
Italy and Spain are set to soar as energy storage markets with multiple gigawatt-hours under construction and much more in the pipeline, but there are questions around the regulatory frameworks driving deployments in each country.
We caught up with China’s largest system integrator HyperStrong’s President of Technology Dr. Guang Yang about how the company is positioning itself for international expansion.
FlexBase Group will start construction on a data centre plus 800MW/1,600MWh flow battery in Switzerland the coming weeks, the firm claimed, explaining to Energy-Storage.news how and why.
Roman Bykadorov of Lemberg Solutions writes that active cell balancing can help mitigate battery management and lifecycle issues, but its application requires complex consideration.
