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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Hydrogenics wins order from E.ON for power-to-hydrogen-gas energy storage project in Germany

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for a “Power-to-Gas” project in Germany. The 2 MW energy storage facility, to be located in Falkenhagen in northeast Germany, will use surplus renewable energy sources to produce hydrogen for storage in the country’s existing natural gas pipeline network.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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ITM Power to supply electrolyzer for power-to-hydrogen gas grid project in Germany

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ITM Power has won a competitive tender process, based on both price and performance, to supply a hydrogen production unit to a 360kW Power-to-Gas (Strom zu Gas) energy storage plant Thüga Group project. The Thüga Group is the largest network of energy companies in Germany with around 100 municipal utility members.

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Sonnen & TenneT Power German Grid With Electric Cars

CleanTechnica EVs

TenneT and sonnen have announced that they’ve powered the German grid with electric cars. TenneT is a top electricity network operator in Europe, and sonnen produces and manages stationary battery storage systems. It did so when there […]

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