Browsing: energy storage

A reported 93.9 percent energy utilization efficiency, roughly one-third higher than conventional thermal hydrogen storage methods, is drawing attention to a new gas-solid battery prototype developed by researchers at the Dalian Institute of Chemical Physics under the Chinese Academy of Sciences.

Ford Motor Company has launched a new wholly owned subsidiary, Ford Energy, aimed at manufacturing stationary battery storage systems at its Kentucky facility with planned annual deployment capacity of 20 GWh.

The United Kingdom’s energy transition is entering a phase where storage duration is becoming as strategically important as generation capacity itself. As renewable penetration increases and periods of excess solar and wind generation become more common, the limitation is no longer only how much clean electricity can be produced, but how long it can be retained and dispatched when needed.

Global corporate funding for energy storage companies reached USD 2.3 billion in the first quarter of 2026, underscoring how battery storage continues to attract capital even as broader clean energy investment markets face rising financing costs and increasing pressure on project economics.

Byhmgard AB has signed a right of first refusal agreement with Solarigo Systems Oy covering the development of battery energy storage system projects in Finland. The agreement includes an initial pilot project planned at approximately 50 MW in Nivala, at the Hitura site.

SoftBank is moving beyond its traditional telecommunications and technology focus with plans to establish a domestic battery manufacturing business aimed at supporting AI-driven power demand.

The moment when wind and solar overtook fossil fuels as the dominant source of electricity in the European Union was…

Wholesale electricity prices in Greece are increasingly falling to zero or negative territory during daylight hours, forcing renewable energy curtailments across the grid and exposing a structural imbalance between renewable deployment and system flexibility.

Fortescue’s private mining grid in Western Australia is now operating with 2.3 GW of generation capacity and more than 5 GWh of battery storage, yet its most consequential shift is not scale but control.

Australia’s Capacity Investment Scheme is beginning to translate policy ambition into contracted capacity, with more than 2 GW of new renewable generation and nearly 500 MW of battery storage awarded across Western Australia at a time when the state is preparing to retire its remaining coal-fired power stations by 2030.