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Energy Storage

Residential energy storage market worth $1,828 million by 2027, says report

Residential Energy Storage Market is projected to grow from USD 719 million in 2022 to USD 1,828 million by 2027, at a CAGR of 20.5%, according to a new...

General Motors work with SunPower to offer home energy systems

General Motors (GM) yesterday announced the establishment of a new business unit called GM Energy to create an ecosystem of energy management products and...

New analysis says long-duration energy storage critical for RE deployment

ESS Inc. (NYSE:GWH), a manufacturer of long-duration iron flow batteries, on Wednesday released a brief detailing the critical need for long-duration energy storage (LDES) to...

Sungrow to deliver 13 microgrid projects in Lebanon with C&I ESS

Inverter and energy storage solutions provider Sungrow is delivering 13 microgrid projects in Lebanon with the company's C&I energy storage system, the ST129CP-50HV. Their commissioning is...

China’s CATL officially launches its second battery plant in Europe

China-based battery producer Contemporary Amperex Technology Co., Limited (CATL) on Monday signed a real estate agreement with the city of Debrecen in Hungary, marking the...

EU approves Greek scheme to install 900 MW energy storage facilities

The European Commission on Monday approved a Greek scheme with an estimated budget of 341 million euros to support the construction and operation of storage facilities...

Sungrow to supply BESS for Australia’s largest DC-coupled solar + storage project

Inverter and energy storage solution provider Sungrow announced that it will supply a fully integrated 55 MW/220 MWh Battery Energy Storage System (BESS) to a 100 MWac project...

China’s CATL to build 100 GWh carbon neutral battery plant in Hungary

Contemporary Amperex Technology Co., Limited (CATL) announced last Friday that it will invest 7.34 billion euros to build a 100 GWh battery plant in Debrecen of east Hungary. It’s the company’s second battery plant in Europe following its German plant.

GoodWe named most efficient Asian storage manufacturer

Recently, GoodWe was awarded the title of Most Efficient Asian Storage Manufacturer by Berlin University of Applied Science through SPI efficiency test. Technology always...

EDF Renewables awarded 1 GW Solar + Storage contracts in New York

EDF Renewables North America announced three solar projects with a combined capacity of 1 gigawatt by New York State Energy Research and Development Authority...
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