Gravity-based energy storage company Energy Vault has announced another battery energy storage deal, agreeing to work with US developer Jupiter Power for 2.4GWh of systems.
A 60MW/67MWh battery energy storage system (BESS) in Germany being developed by Smart Power with technology provided by SMA is due to be completed imminently.
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.