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.
Browsing: Energy Storage
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…
The global market for battery energy storage systems (BESS) is projected to reach USD 15.1 billion by 2027, growing at a compound annual growth rate (CAGR) of 25%.
The Western Australian government’s latest strategic move in the energy sector involves a major investment to encourage the adoption of residential battery storage systems.
TransGrid has acquired financing totaling $1.4 billion dedicated to the advancement of battery storage projects in Arizona.
Hyundai Motor is intensifying its involvement in the highly competitive electric vehicle (EV) battery sector by establishing a new research center focused on battery development.
In a noteworthy development within the United Kingdom’s renewable energy landscape, the approval of a battery energy storage site in Great Wyrley unveils significant shifts in the strategic deployment of energy solutions.