Energy Storage

While bp and Iberdrola are planning to commission their 25 MW green hydrogen project in May, Moeve has approved the FID to begin construction of its 300 MW project in Andalusia. Both projects are in Spain.

February marked an early 2026 turning point in France’s electricity market, with negative prices emerging for the first time, intraday volatility spiking, and battery energy storage systems (BESS) capturing growing revenue opportunities.

The Chinese manufacturer said its new three residential battery lines support a depth of discharge of 90% and deliver over 6,000 cycles.

The Chinese electric vehicle maker said the new batteries can charge from 10% to 70% in 5 minutes and from 10% to 97% in 9 minutes. The company also announced a new generation of its Flash Charging Technology.

Researchers reviewed 110 studies on cold thermal energy storage in liquid-air energy storage, finding that cold storage performance has a far greater impact on system efficiency than previously assumed. While phase change materials offer high theoretical efficiency gains, simpler packed-bed sensible heat systems are currently the most mature and cost-effective option, with further experimental validation needed to bridge the gap to large-scale deployment.

Researchers at the University of New South Wales (UNSW) and installer Aussie Solar Batteries will develop and test AI-driven energy management platforms to optimize solar and battery systems and support virtual power plant (VPP) deployment.

The Industrial Accelerator Act says solar projects awarded through public procurements or other public support schemes would need to feature Europe-made solar inverters and cells within three years after the act becomes law. For battery energy storage systems, similar requirements would be introduced using a phased approach from one year after the act enters force.

Norway’s Photoncycle has raised €15 million ($17.4 million) to develop a seasonal home energy storage system that converts excess solar power into ammonia-based hydrogen for winter use.

The EU’s third cross-border solar tender is offering a share of €54.9 million ($63.8 million) to solar-plus-storage projects in selected Bulgarian districts and ground-mounted solar projects in Finland, with funding provided by Luxembourg. The deadline for applications is September 1.

With 600 MW of installed capacity and 2,400 MWh of storage, the Huai’an Salt Cavern project is now the world’s largest compressed air energy storage (CAES) facility, surpassing the 300 MW/1,500 MWh project commissioned earlier this year that previously held the title.