More than two-thirds of the planned lithium-ion battery production capacity in Europe is at risk of delay, downsizing or cancellation mainly due to the Inflation Reduction Act, according to a new study.
Deutsche Telekom has announced the first battery energy storage system installation in a 300MWh rollout in Germany, with Norwegian firm Pixii the technology provider.
German commercial and industrial (C&I) energy storage system firm Tesvolt is investing €60 million in a new manufacturing hub at its headquarters in Lutherstadt Wittenberg.
Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.
Austria-based utility Verbund is targeting 1GW of battery storage by 2030, it revealed in a ribbon-cutting ceremony for a recent project in Bavaria, Germany.
ASX-listed Altech Chemicals and research institute Fraunhofer-Gesellschaft have progressed plans for a 100MWh plant in Germany to produce the latter’s energy storage-focused sodium solid state battery technology.
The vanadium flow battery sector received a boost this week with news of a rental partnership between Invinity and Dawsongroup plc, a new electrolyte plant in Germany and a whitepaper around the technology’s environmental impact.
A pair of 20.7MW battery energy storage systems have been added to the electricity grid in Bavaria, Germany, by Austria-based utility Verbund and developers ECO STOR and Kyon Energy.
