Energy Storage

Siemens to work with DEWA on Dubai’s first solar hydrogen electrolysis plant

The German multinational signs memorandum of understanding with Dubai Electricity and Water Authority to build pilot the facility at the vast 1 GW Rashid Al Maktoum Solar Park.

China to achieve solar grid parity in 2023, slow development of storage hinders RE adoption, survey shows

Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: When will renewables become the dominant source of energy?

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Northvolt battery project approved for EIB loan that could reach €52.5m

The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.

Wind giant Vestas taps solar, storage markets for hybridization drive

The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.

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GE, Arenko form partnership to deliver 41 MW battery to UK

Large-scale battery energy storage system will be supplied by GE and tap into U.K.’s growing demand for stationary storage solutions.

Swedish government backs Northvolt battery plant to tune of €15m

The Swedish Energy Agency has granted SEK 146 million to support Northvolt Labs’ large-scale battery manufacturing plant in Västerås, Sweden. Project already secured financial backing from ABB, Vestas and Scania.

Report: Venture capitalists fall in love with battery storage

According to a report released by Mercom Capital, venture capital firms showered battery storage companies with money to the tune of US$714 million last year.

China’s Leoch invests in UK battery market with DBS buy-in

U.K. battery distributor, DBS and China’s Leoch create new company, DBS Leoch, to pursue new battery market opportunities. Sum of agreement undisclosed, but it is understood partnership will deliver positive sales boosts for both firms.

Researchers double life of lithium-ion batteries by adding graphene girders

By reinforcing the anode’s structure with graphene girders, researchers at the U.K.’s University of Warwick have found an effective approach to replacing graphite in the anodes using silicon, thus boosting the capacity of lithium-ion batteries, and more than doubling lifespans.

Japanese battery maker to start production in Hungary

Lithium ion (Li-ion) manufacturer, GS Yuasa has announced plans to establish a European subsidiary, and to construct a new manufacturing plant for lithium batteries in Miskolc, Hungary.

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