Marija Maisch
Future-proof or fail: how battery storage projects can thrive in Germany
Germany’s battery storage boom is real but so are the bottlenecks. As capital pours in and gigawatt-hour-scale projects near launch, grid connection delays and regulatory uncertainty are threatening to dampen momentum. At the 3rd BVES Investor Summit in Berlin, more than 500 industry leaders gathered to weigh the hype against the hard realities.
Romania’s Hidroelectrica to install battery storage at its hydro power plants
The state-owned utility aims to enhance grid flexibility by installing energy storage systems at all of its run-of-river hydropower plants.
Lithuania responds to overwhelming interest with new €45 million energy storage call
Earlier this year, the Lithuanian Ministry of Energy issued a call for at least 800 MWh of energy storage but ultimately approved support to five times that capacity.
Sungrow initiates Hong Kong listing, targets $126.7 million raise
As part of a dual-listing strategy, the Chinese manufacturer has officially filed its application for an initial public offering on the main board of the Hong Kong Stock Exchange, aiming to fuel its global expansion.
Peak Energy announces operation of first large-scale sodium ion battery in US
Denver-based Peak Energy claims its sodium-ion battery system offers the lowest operating cost of any energy storage technology on the market today.
Europe’s largest sodium-ion battery installation goes live
Switzerland’s Phenogy has launched a megawatt-hour-scale sodium ion energy storage system at a commercial site near Bremen Airport in northern Germany. With this project, the Swiss manufacturer is making its debut on the European energy storage scene, backed by ambitions to develop fully vertically integrated local manufacturing.
China targets 180 GW of new energy storage by 2027 in ambitous national plan
Announced by the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA), the new plan is expected to drive CNY 250 billion ($35.1 billion) in sector investment.
Tesla unveils new generation of utility-scale batteries
Tesla’s long-anticipated innovation in utility-scale battery storage has yielded two new products, marking a leap toward faster deployment, greater scalability, and higher energy density.
Argentina awards 667 MW in inaugural battery storage tender
In addition to awarding 30% more capacity than originally planned, Argentina’s first battery energy storage tender could allocate an additional 222 MW to bidders willing to match the highest awarded price.
Australia’s sodium-ion energy storage technology launches in Europe
After witnessing strong demand for its sodium-ion technology at home, Australian company PowerCap is bringing its stationary storage products to the European market. The initial launch will cover Italy, Germany, and Spain, with further expansion on the cards. The starting price is expected to be around €500 per kilowatt-hour of storage capacity.
