Global investment in electricity grids must rise from roughly USD 0.5 trillion annually in 2025 to about USD 1 trillion per year through 2035 if the world is to remain on a 1.5°C-compatible pathway.
With electricity demand rising and cross-border congestion increasingly constraining renewable deployment, the European Commission has opened a €600 million funding call targeting strategic energy infrastructure across the bloc.
Jinko ESS has signed a strategic cooperation agreement to deploy a 1 GWh portfolio of battery energy storage projects across the region, focused primarily on grid-side and utility-scale applications.
More than 90 percent of global electricity grid infrastructure sits at the distribution level, yet much of it was designed for a one-directional system that no longer reflects how power is generated and consumed.
The Irish regulator is advancing a tariff reform that could materially reshape the economics of battery storage by eliminating dual grid charging structures that industry participants have long identified as a barrier to deployment.
RWE has withdrawn its proposed 99.9 MW Butterfly solar plus storage project in Wrexham, Wales, citing limited grid connection availability and broader project viability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.
