Plug Power reported an almost 6-fold increase in electrolyzer revenues in 2024, despite the financial troubles. Meanwhile, Finland’s first large-scale plant goes into operation.
The Spanish company says its new storage system has a capacity ranging from 2.4 kWh to 9.6 kWh and a depth of discharge of 90%.
Sumitomo Electric’s new system comes in three versions, providing up to 10 hours of storage. It achieves improvements in output and energy density, through component enhancements, thereby reducing cost and physical footprint.
Ambitious capacity targets and diverse revenue opportunities support case for battery energy storage system (BESS) investment in key European markets, new report from Aurora Energy Research finds. The fourth edition battery markets report also predicts Europe’s grid-scale BESS fleet will reach 55 GW by 2030.
The United Nations Office for Projects Services has kicked off a tender for the development and construction of a solar and battery storage minigrid in Papua New Guinea. The deadline for applications is March 24, 2025.
Battery manufacturer Vaulta is using lessons learned from Australia’s growing off-grid energy sector to spearhead the development of its next-generation battery energy storage technology.
The US Energy Information Administration (EIA) projects 32.5 GW of solar, 18.2 GW of energy storage, and 7.7 GW of wind will be deployed this year. These additions will make up nearly 93% of total new capacity, which is expected to hit a record 63 GW.
It took 24 hours for the firefighters to tackle the blaze at Statera’s 300 MW/600 MW battery energy storage site, which is currently under construction.
US researchers say hydrogen’s climate impact depends primarily on production methods and feedstock emissions, while Nikola Corp. has recalled 95 hydrogen-powered trucks and filed for Chapter 11 bankruptcy.
Smart Energy Week 2025 in Tokyo highlighted Japan’s shifting energy priorities, with officials promoting perovskite solar at PV Expo and companies showcasing solid-state battery tech at Battery Japan.
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