In the transition towards sustainable energy systems, the adoption of variable renewable energy sources (VRES), such as wind and solar, is imperative.
Browsing: Energy Storage
In 2024, global energy demand increased by 2.2%, surpassing the average growth rate of the past decade. This dramatic rise was led by a surge in electricity consumption, which increased by 4.3%, more than double the rate of global GDP growth.
The Electricity Authority of Cyprus has issued a tender titled “033/2025 EPC Contract for Utility Scale Battery Energy Storage System (BESS)” aimed at advancing energy storage capabilities within the hydrogen industry.
The European Commission has approved a substantial €699 million state aid scheme aimed at bolstering energy storage in Spain, positioning the nation firmly on the path to a net-zero economy.
The energy storage sector in Australia is witnessing a strategic shift as US-based Energy Vault Holdings acquires the monumental Stoney Creek Battery Energy Storage System (BESS) from the Enervest Group.
DTE Energy has announced a call for proposals encompassing standalone energy storage projects with a combined capacity of 450 MW.
Europe’s transport sector is set to save 20 million tonnes of CO2 this year, thanks to the rapid adoption of…
India’s Strategic Shift to 13,200 MWh Insights on India’s revised battery storage targets reveal a threefold increase, from 4,000 MWh to 13,200 MWh under the Viability Gap Funding (VGF) scheme.
Nio is aligning with Contemporary Amperex Technology Co. Limited (CATL) to adopt the Choco-Swap Electric Battery (SEB) as the standard for its battery swap stations.
California’s energy storage landscape is poised for significant growth as San Diego Gas & Electric (SDG&E) has secured approval to…