Browsing: Energy Storage

ACWA Power’s Innovation Days 2026 in Riyadh resulted in 27 strategic partnership agreements with international universities, technology suppliers, and research institutions, signaling a deliberate effort to systematize technology development rather than rely solely on incremental improvements within existing assets.

Aypa Power, a utility-scale energy storage and hybrid renewables developer backed by Blackstone, has closed a USD 1.5 billion debt financing facility aimed at accelerating the construction of its battery energy storage system portfolio through 2028.

Britain’s battery storage pipeline continues to pivot toward contractual structures that prioritize operational control over outright asset ownership, as Drax Group enters a 10 year tolling agreement tied to Fidra Energy’s 250 MW 500 MWh West Burton C battery project.

RWE is set to construct a 400-megawatt battery storage facility on the former Dralon GmbH site in Lingen, Lower Saxony, marking the largest installation of its kind in the region.

Ford Motor is in discussions with Chinese automaker BYD over a potential battery supply partnership for some of its hybrid vehicle models, a move that could address a critical bottleneck as the U.S. company shifts focus from full electric vehicles toward hybrids.

Moonwatt, a Netherlands-based energy storage developer, is addressing this challenge with a purpose-built sodium-ion battery energy storage system (BESS) engineered for hybrid solar applications.

Britain’s National Wealth Fund (NWF) has unveiled a focused five-year strategy aiming to deploy £4–5 billion annually in projects spanning carbon capture, energy storage, battery manufacturing, and critical infrastructure.

Meeting the United Kingdom’s net-zero targets may require up to £75 billion of investment in long-duration energy storage (LDES) by 2050, according to a roadmap published by the Transition Finance Council.

Volkswagen is initiating a recall of 44,551 ID.4 electric vehicles in the United States following safety concerns over high-voltage battery systems, according to the National Highway Traffic Safety Administration.

Saudi Arabia’s renewable energy and storage landscape is set to advance with the installation of AMG LIVA’s Hybrid Energy Storage System at Aramco’s Bulk Plant in Tabuk.