Hungary’s Government Provides €155 Million to Deploy Energy Storage

The Ministry of Energy in Hungary will provide grants for the deployment of energy storage projects,…

BayWa Secures $115M Credit Facility with Nomura

BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support…

Breakthrough Energy to Provide US$20 Million Grant to Xcel for Iron-Air Battery Projects

Utility Xcel Energy has received a US$20 million grant commitment from VC firm Breakthrough Energy for…

EDF Renewables UK and Wärtsilä Partner on Sixth UK Battery Project

EDF Renewables UK and Wärtsilä are partnering on a sixth battery project, a 57 MW/114 MWh…

Brenmiller Inaugurates Thermal Energy Storage Gigafactory

Israel-based thermal energy storage firm Brenmiller Energy has inaugurated a factory targeting 4GWh of annual production…

Alfen to Supply 54MWh Battery for Centrica’s Belgian Storage Project

Centrica Business Solutions has paired with Dutch energy solutions provider Alfen to deliver a 24MW/54MWh battery energy…

Eskom Approves Azelio’s TES.POD System in South Africa

South African electricity public utility Eskom has inspected Azelio’s energy storage installation at farming company Wee…

Enel to Commence Construction of 1.6GW BESS for 2024

The renewables arm of multinational energy firm Enel said construction would begin between April and June…

UK Battery Energy Storage to Grow to 24GW by 2030- Rystad Energy

In terms of capacity by 2030, the UK is forecast to sit fourth in the table…

Europe’s Big Battery Fleet to Surge to 95 GW by 2050

Europe could hit 42 GW by 2030 and 95 GW by 2050 of grid-connected, utility-scale battery…