Browsing: energy storage

Europe’s transport decarbonization strategy has entered a new phase. The European Commission has unveiled its Sustainable Transport Investment Plan (STIP), outlining a unified framework to channel capital toward renewable and low-carbon fuels for aviation and waterborne transport, sectors responsible for nearly 8% of EU greenhouse gas emissions and among the hardest to decarbonize.

As electric vehicle (EV) adoption accelerates across Europe, the Western Balkans are facing a defining moment in their transport transition.

French utility Engie plans to construct an 80-MW/320-MWh battery energy storage system (BESS) in Drogenbos, Flemish Brabant, with commercial operations expected by September 2027.

India’s drive toward 500 GW of renewable capacity by 2030 has placed energy storage at the center of its clean power agenda.

Tesla is reportedly securing a $2.11 billion, three-year battery supply deal with South Korea’s Samsung SDI, marking a critical step in its effort to expand energy storage production beyond China.

As America’s power grid strains under the dual challenge of integrating intermittent renewables and serving surging demand from data centers, operators are confronting a volatile new reality. The system’s increasing complexity is testing both technical resilience and market design, with implications rippling across the energy storage sector.

Drax Group has moved to strengthen its position in the UK’s energy storage market with a £157.2 million deal to acquire three battery energy storage system (BESS) projects from Apatura.

A $142 million financing package from the European Bank for Reconstruction and Development (EBRD) is set to catalyze Uzbekistan’s largest renewable energy and storage development to date — a 1 GW solar photovoltaic (PV) complex paired with 1,336 MWh of battery energy storage.

OMC Power (OMC) and Honda Motor are joining forces to develop a business model that integrates repurposed EV batteries into distributed renewable energy (DRE) systems, a concept that could redefine energy access and storage economics across rural India.

South Australia is accelerating its clean energy transition with the launch of its first Firm Energy Reliability Mechanism (FERM) tender this month, seeking 700MW of long-duration energy storage (LDES) to stabilize the grid as it approaches a 100% net renewables target by 2027.