Battery storage in continental Europe “is not working anymore” following the integration of the European market, according to Next Kraftwerke CEO Jochen Schwill.
Multinational chemicals company BASF has furthered its interest in the energy storage industry, partnering on the development of ‘metal-free’ flow battery electrolytes with German startup JenaBatteries.
European Commission greenlights €3.2bn research plan by seven major states to turn continent into global battery hub even as it signals it is ready to block imports on environmental grounds.
Northvolt, the start-up aiming to manufacture lithium-ion batteries on a massive scale in Europe sustainably, has signed a contract to deliver its own first commercial energy storage system (ESS) project and revealed news on a second planned ‘gigafactory’ in Germany.