The Hydrogen Stream: Europe forecasts €240 billion for hydrogen grids to 2040
The European Commission says its new grids package includes €240 billion ($281.8 billion) for hydrogen networks to 2040, alongside fresh Italian State aid for clean tech deployment.
Hungary launches $305 million subsidy for residential battery storage
The Hungarian government says its new HUF 100 billion ($305.4 million) program will support 10 kW home battery systems to boost solar self-consumption and cut evening-peak demand.
Batteries now cheap enough to make dispatchable solar economically feasible
Energy think tank Ember says utility-scale battery costs can now achieve a levelized cost of storage of $65/MWh outside China and the United States, enabling solar power to be delivered when needed.
Inlyte proves out first full-scale iron–sodium battery system in factory test
According to Inlyte, the tested unit incorporates what it describes as the world’s largest sodium metal chloride battery cells and modules built to date, with each module capable of storing more than 300 kWh of energy.
Indian company rolls out sodium-ion storage systems for homes, businesses
Naxion Energy says its new sodium-ion systems target residential and commercial users seeking locally made, safer alternatives to legacy backup technologies.
TCL Sunpower unveils residential battery
The new modular energy storage solution is compatible with TCL Sunpower solar panels and offers 10–30 kWh capacity, multiple inverter options, and enhanced safety features.
European battery storage fleet expected to grow 45% year-over-year to 16 GW in 2025, WoodMac says
Germany continues to lead Europe’s battery energy storage market, with 18 GW of utility-scale demand and 8 GW from commercial and industrial applications over the next decade.
India’s THDC commissions new unit of 1 GW pumped storage project
THDC India Ltd., a subsidiary of NTPC Ltd., has commissioned a 250 MW unit of its 1 GW variable-speed pumped storage hydropower project in Uttarakhand.
India’s Trontek enters home storage market with new lithium systems
Trontek has entered India’s residential energy storage market with its Powercube 1.4 kWh and 2.7 kWh lithium-ion systems for solar and grid backup.
EU shift to 15-minute trading supports battery storage profits, says Rystad
Europe’s move to 15-minute spot-market intervals, effective Oct. 1, is altering the economics of battery storage, with Rystad Energy estimating that battery energy storage systems (BESS) profits in some countries have increased by more than 20%.
