The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
The evaluation confirmed the outstanding system efficiency of European inverter manufacturers, in particular. It also found large differences in efficiency of certain hybrid inverters from the maximum efficiency specifications provided by the manufacturers on the data sheets.
The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
Records are tumbling for Tesla’s battery energy storage business with revenues growing 67% and deployments surging 114% year-on-year.
The Chinese battery energy storage system (BESS) integrator debuted on the stock exchange with a market capitalization of RMB 11.339 billion ($1.56 billion).
Researchers from the China University of Petroleum have synthesized a novel hydrogel electrolyte that, when paired with a Prussian blue cathode, achieves outstanding energy density and cyclability in sodium-zinc hybrid ion batteries.
The procurement aims to improve the reliability of Moldova’s grid, facilitate energy trade with neighboring Romania and Ukraine, and support the integration of locally produced renewable energy.
A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement. This included six projects from Spain’s Iberdrola, which secured nearly €20 million ($20.6 million) in public funding.
With the first auctions for procuring new storage capacity in Italy expected in the second quarter of 2025, Aurora Energy Research has analyzed the internal rate of return for projects supported by the Energy Storage Capacity Procurement Mechanism (MACSE) and found that in certain cases expected returns exceed 9%, providing a high level of revenue security.
The Romanian Ministry of Energy has announced a new round of funding from the Modernization Fund dedicated to battery energy storage systems.