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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

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In addition, the battery storage contributes to the improvement of the network quality and the more efficient use of the existing network structure. Other possible applications would be electricity storage in private households. Energy storage solutions are an important part of Vattenfall’s strive to power climate smarter living.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 billion set in 2011.

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