Browsing: Energy Storage

RWE has withdrawn its proposed 99.9 MW Butterfly solar plus storage project in Wrexham, Wales, citing limited grid connection availability and broader project viability concerns.

TSR Group and BASF have established a cooperation framework aimed at expanding and integrating battery recycling capacity across Europe, focusing on dismantling, material recovery, and reintegration of recovered metals into industrial supply chains.

In the first quarter of 2026, Tesla regained the global pure electric vehicle leadership position after reporting a 6.5 percent year on year increase in deliveries for the three months ending March, according to industry data cited in the IndexBox report.

Electricity systems with rising shares of weather-dependent generation face growing real-time flexibility demands as grid operators manage supply-consumption imbalances amid accelerating electrification, a challenge now tested in Sweden through Vattenfall, Energy Bank, and Volkswagen’s large-scale vehicle-to-grid deployment featuring approximately 200 bidirectional chargers across central and southern regions.

India’s energy storage market is expanding rapidly alongside renewable capacity additions, but supply chain dependence on imported battery components continues to shape policy risk. A proposed Approved List of Battery Manufacturers framework signals a shift toward tighter control over vendor eligibility in government-backed projects, aligning industrial policy with energy security objectives.

Vietnam’s rapid expansion of renewable energy capacity has outpaced the development of grid flexibility, increasing the urgency for large-scale storage solutions to stabilize supply and demand. The inauguration of a new battery energy storage manufacturing facility by GG Power in Hung Yen province reflects a strategic shift toward domestic production of storage technologies to support this transition.

ENGIE is expanding its battery energy storage footprint across key markets, with new projects in Spain and France pushing its European pipeline beyond 1 GW.

Grid congestion has emerged as one of the most immediate constraints on renewable energy deployment in the Netherlands, with thousands of projects reportedly facing delays due to limited connection capacity. A new agreement between TenneT and Green Energy Storage signals a shift toward using large-scale battery storage as an operational tool to manage these bottlenecks.

Saudi Arabia-based ACWA Power is preparing to commit at least $30 billion to China over the next five years, reinforcing a strategic pivot that reflects both confidence in the country’s energy transition and a growing reliance on its industrial ecosystem.

The Oxford Battery Energy Storage Project in Ontario secured C$202 million in green loan financing to support a 125 MW and 500 MWh system designed to address peak demand variability and grid balancing requirements.