Solar Energy Storage and Battery News

Terra-Gen and Mortenson complete the largest solar + storage project in the US, supplying power to major entities and showcasing a collaboration with the US Department of Defense.

EIT InnoEnergy and Demeter Investment Managers launch €500m EBA Strategic Battery Materials Fund, aiming to strengthen Europe's battery supply chain and decrease reliance on foreign sources.

SENS and Karlskoga are teaming up to assess the viability of a large-scale solar farm and battery storage system, aiming to bring sustainable energy solutions to the region and pave the way for a greener future.

Greek renewables developer, Wattcrop, is making significant strides in the energy storage sector with its application for grid-connection permits for 273 MW of battery energy storage systems. These projects are set to revolutionize the regional energy infrastructure and boost renewable energy capacity.

LG Electronics opens first US factory for EV charging stations, boosting America's charging infrastructure. New tech jobs and revenue opportunities await in North Texas.

Introducing Betavolt's groundbreaking atomic energy batteries - a game-changer in the world of energy storage. With a lifespan of 50 years and no need for charging or maintenance, these batteries are set to revolutionize aerospace, AI, medical equipment, and more. China's innovation in atomic energy and diamond semiconductors puts them ahead of the game.

RedoxBlox secures $15.6 million in grants and financing to advance its thermochemical energy storage technology, aiming to revolutionize industrial heat applications and renewable energy storage.

Blaby District Council grants planning permission for UK's largest battery storage project, the Normanton Energy Reserve. A game-changer for grid stability and the UK's transition to net zero.

BYD's $1.4 billion investment in a new sodium-ion battery facility in China could revolutionize the EV industry, making Xuzhou a battery production hub and paving the way for wider adoption of this cutting-edge technology.

Natural Power chosen by Green Switch Capital to provide Section 36 consenting support for a 250MW battery energy storage system in the Scottish Highlands, aiming to enhance community involvement and biodiversity.

Key Capture Energy LLC has sold investment tax credits for 120 megawatts of battery energy storage systems in New York and Texas, monetising the projects for immediate use. SK E&S's Key Capture is currently constructing 623 megawatts of energy storage with another 9 gigawatts in development.

In late 2023, EV battery prices dropped drastically, oversupply and weakened demand driving prices down 50%. From December to December, LFP battery cells suffered the biggest price reduction, 10.1%, and the electric vehicle market is projected to continue growing. Will things stabilize in 2024?

EDF Renewables & CIP-owned Mulilo Energy have been awarded preferred bidder status for 257MW of grid storage capacity in South Africa. As part of a ZAR7bn (€343m) total cost, the consortium will deliver three battery energy storage projects, providing sustainable electricity for 61 million people. A significant milestone for Mulilo, they are outperforming their business plans.

Shanghai Electric has completed two renewable energy projects in the UK: REP1&2 BESS and Fiskerton II-A solar site. Generating 128,117 MWh of green energy annually, these projects will provide a significant contribution toward a sustainable future.