A leaked draft version the policy strategy designed to liberate the European Union from ties to Russian fossil fuel imports, includes no mention of energy storage.
thium-ion battery gigafactory group FREYR reported a US$35 million loss in the first quarter of 2022 and has recently announced three conditional offtake agreements (COA) totalling 53.5GWh.
Buyers of energy storage solutions (ESS) in Germany do not yet see a need for flow batteries for medium duration storage, an ESS provider tells Energy-Storage.news, with many set on the potential of green hydrogen.
Norwegian lithium-ion battery gigafactory group FREYR has signed a conditional offtake agreement with energy storage system integrator Powin Energy totalling 28.5GWh over six years.
Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.
New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.
Nuclear power firm Westinghouse Electric Company has signed a Memorandum of Understanding (MOU) with a state-owned energy company to build 2GWh of pumped thermal energy storage (PTES) capacity in Bulgaria.