The energy storage market in Italy doubled in capacity in the first half of the year, though Q2 saw the first slowdown in nine quarters and that could be repeated in H2, according to the country’s renewable energy trade body.
Verkor, a company building a lithium-ion gigafactory in France, and system integrator Nidec ASI will together produce up to 10GWh of battery energy storage systems (BESS) to 2030.
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
While 12 projects won awards in the first tranche of Greece’s recent grid-scale energy storage auctions, what of the c.500 totalling nearly 27GW that didn’t? Jon Ferris, LCP Delta’s Head of Flexibility and Storage, looks at the dynamics which could play out in rounds two and three in Europe’s fourth largest market by 2030 pipeline.
UK battery storage project developer Clearstone Energy has unveiled the first project in a 2.2GW pipeline, the largest by an independent developer, it claimed.
Thermal energy storage companies Kyoto Group and Brenmiller have inaugurated and won funding approval for projects in Denmark and Israel, respectively.