Insurers say the maturing battery energy storage system (BESS) market is improving risk data and underwriting confidence, but rising fire-related costs, stretched supply chains, and reduced manufacturer warranties are creating new financial pressures.
IEC Standards help to make the grid more resilient as the impact of climate change intensifies.
The Italian manufacturer said its new WWMG heat pump system has a coefficient of performance of up to 4.98 and an energy efficiency rating of 16.30 BTU/Wh.
The company has produced its first sodium-ion battery prototype and, in collaboration with Spanish research institute CIC energiGUNE, developed sodium-ion cell prototypes that have shown “very promising results.”
The Swedish company stated that its new product was designed for use in compact, molten salt energy storage applications, eventually in combination with PV power. In its standard configuration, it can reportedly withstand temperatures up to 400 C and pressures up to 60 bar.
Eco Stor says construction has begun on a 300 MW/714 MWh battery storage facility in Förderstedt, Saxony-Anhalt, now the largest such project under development in Germany.
The manufacturer cites rising material costs, heightened competition from lithium-ion batteries, and the slow uptake of long-duration storage technologies as the reasons for the decision.
Spain’s Council of Ministers has approved a royal decree to promote energy storage, accelerate electrification, and tighten oversight of the national grid, says the Ministry for the Ecological Transition and Demographic Challenge (MITECO).
The new nickel-zinc (NiZn) battery cabinet provides support for high-intensity AI pulses while also offering traditional IT backup within a compact footprint.
Battery storage secured nearly all new-build capacity in Belgium’s latest capacity market auctions, cementing its central role in the country’s power supply plans through 2030.
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