Foxconn launches Fox EnerStor brand to enter global energy storage market
Foxconn has launched its Fox EnerStor brand with residential, commercial and industrial (C&I), and utility-scale batteries. It aims to compete globally, with China and India as key hubs for R&D and manufacturing.
Europe moves to 15-minute electricity spot market, driving up battery revenue
The shift to 15-minute spot market intervals has increased battery arbitrage revenue in Europe, while providing more accurate signals for grid efficiency, says French battery storage specialist Storio Energy.
Hybrid PPA model improves PV-BESS bankability, say researchers
Researchers have modeled a hybrid financing scheme combining contracted and merchant components to improve the bankability of PV-battery energy storage system (PV-BESS) assets, using a Bayesian LSTM forecast integrated with a MILP optimization model to assess performance.
Masdar, EWEC break ground on 1 GW baseload solar-plus-storage project
Abu Dhabi Future Energy Co. (Masdar) and Emirates Water and Electricity Co. (EWEC) have started building a solar-plus-storage project in Abu Dhabi that will deliver 1 GW of continuous baseload energy from a 5.2 GW solar plant paired with a 19 GWh battery system.
RedEarth unveils V2G EV charger
Australian energy storage manufacturer RedEarth Energy Storage is set to bring its Australian-made vehicle-to-grid electric vehicle charge to market, and has also released two next generation products from its smart energy ecosystem.
Energy storage could cut Brazil’s electricity system costs 16% in 2029
Storage is essential to expand renewables penetration and ensure grid flexibility, according to a study by consultants PSR. Regulatory and tax barriers still limit the sector, however, and new revenue sources are needed to make projects viable.
Australia becomes world’s third-largest utility battery market
Australia has overtaken the United Kingdom to rank behind China and the United States in utility-scale battery capacity, with 14 GW/37 GWh of projects at or nearing financial close.
Energy storage reshapes data center siting amid US regulatory pressure
Power cut regulations and slow permitting are driving US data centers toward storage-backed, grid-independent designs.
Spain updates grid rules to expand energy storage, renewables integration
Spain has overhauled its grid-access rules to support energy storage, granting hybrid renewables-plus-storage projects equal dispatch priority and full revenue rights for stored electricity.
Supermarket EV chargers in Berlin could improve efficiency by over 250%
German researchers say shared-use and digital brokerage models could lift utilization and profitability of supermarket EV charging stations by up to 255%.
