Solar Energy Storage and Battery News

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.

Growatt's WIT+APX C&I energy storage system offers eight application modes, multilevel protection, and scalability up to 200 kWh, for businesses to fully leverage green power access and energy storage demand.

The Emeren Group Ltd has reached a remarkable success with 1GW of battery storage systems across Europe, North America, and Asia. Joining forces with Matrix Renewables, Enerpoint, and Kaizen Invest Holding, the company now has 975MW of projects and Ready-To-Build status in 2025. With a 3GW portfolio and 10GWh storage pipeline, Emeren is leading the industry.

Neoen has started construction of the largest battery in the Nordics, the Yllikkälä Power Reserve Two, to provide Fingrid with fast-response ancillary services and support Lappeenranta's ambition to become a leader in renewable energy. The 54MW/112.9MWh battery is expected to be operational in 2025.