Europe-based sodium-ion battery technology firms Tiamat and Altris have secured a total of €29 million (US$31.5 million) in new funding, from a fundraise round and the Swedish state respectively.
The European renewable energy IPP arm of Korean conglomerate Hanwha Group, Q Energy, has started building one of the largest battery energy storage system (BESS) projects in France.
The government of New Caledonia, a French overseas territory in Polynesia, has announced plans for a 150MWh battery energy storage system (BESS) to be deployed by IPP Akuo Energy.
Oil and gas firm TotalEnergies has enlisted subsidiary Saft to deploy a 25MW/75MWh battery energy storage system (BESS) at a refinery in Antwerp, Belgium.
Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.
Energy group BayWa r.e. has been selected to implement a project in France combining a solar PV plant, a battery energy storage system (BESS) and – if enough offtakers can be found – green hydrogen.