Browsing: Energy Storage

As the global market for low-carbon solutions expands, understanding the dynamics of this technological evolution becomes crucial for stakeholders aiming to navigate the intricate pathway toward a sustainable future.

The energy storage systems market is projected to grow at a CAGR of 9% over the next decade, reaching a substantial $379.29 billion by 2029.

Entech has recently entered into a €30 million agreement to provide battery energy storage systems, marking a pivotal advancement in energy management initiatives.

Scania, the renowned Swedish automotive giant, has strategically decided not to fully commit to hydrogen technology or rely exclusively on battery-powered vehicles.

AMEA Power has recently signed agreements to initiate the development of 1,500MWh battery energy storage systems in Egypt, setting its sights on becoming a prominent player in North Africa’s renewable energy domain.

In a significant move that underscores Europe’s strategic focus on battery production, a €2 billion lithium battery factory project has been initiated in Sines, Portugal.

The surge in global adoption of renewable energy sources such as solar, wind, and hydrogen reveals a compelling need for sophisticated energy storage systems.

Norway, already a global leader in electric vehicle adoption with EVs accounting for over 80% of new car sales in…

The sale of Pacific Green Technologies’ Limestone Coast North energy storage project in South Australia to Intera Renewables underscores a…

Latvenergo, Latvia’s leading energy company, plans to install 250 megawatts (MW) of energy storage capacity by 2030. This ambitious target…