Four large-scale BESS projects totalling a combined 2.2GWh of capacity in major EU markets can now proceed with construction following successful financing by owners OX2, R.Power, BRUC and Aukera.
The European Commission must “acknowledge the clear role of long-duration energy storage,” organisations including Energy Storage Europe and the LDES Council have urged.
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.