Anesco, the developer of a subsidy-free solar farm in England which has onsite battery energy storage, has sold the plant on to hybrid solar solutions company GRIDSERVE.
It is likely Spain will introduce “important regulatory changes in the coming years” to enable the European country to meet a national target of deploying 2.5GW of energy storage by 2030, analysts at consultancy firm Clean Horizon have said.
Stationary energy storage in support of electric vehicles (EVs) charging could reach a global installed capacity of 1,900MW by the end of 2029 according to a new Guidehouse Insights report.
There’s a race to develop new technologies – and adapt existing ones – that can either be complementary to lithium batteries, or even compete with them. Representatives from three technology providers offer up some case studies, data, insights and opinions on where they think the market could go.
Germany company Voltstorage, claiming to be the only developer and maker of home solar energy storage systems using vanadium flow batteries, raised €6 million (US$7.1 million) in July.
More electricity storage and longer durations will be needed for the UK to meet net zero, according to electricity system operator National Grid ESO’s latest modelling.
Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”.
Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
