Analysis and Features

Brussels power market reform plan boosts ESS, renewables 1024 682 Energy Storage Journal

Brussels power market reform plan boosts ESS, renewables

March 16, 2023: Increased use of small-scale renewables and energy storage systems to help stabilize the European electricity market and ease the energy crisis are included in European Commission proposals…

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Summit backs ‘emergency’ giga-investments plan 1000 666 Energy Storage Journal

Summit backs ‘emergency’ giga-investments plan

March 16, 2023: EU leaders and battery industry chiefs have agreed to expand funding to support gigafactory projects and speed-up permitting processes, amid fears that investors are being lured away…

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EU risks ‘losing all’ in gigafactory stakes, new study warns 741 451 Energy Storage Journal

EU risks ‘losing all’ in gigafactory stakes, new study warns

March 9, 2023: Nearly 70% of Europe’s overall planned pipeline of lithium ion battery cells production capacity by 2030 is at risk of being delayed, scaled down or cancelled, according…

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EU-Canada ‘matchmaking’ for battery investment 480 480 Energy Storage Journal

EU-Canada ‘matchmaking’ for battery investment

March 9, 2023: The EU and Canada have launched a ‘matchmaking’ service to spur investment in businesses critical to battery manufacturing, European Commission president Ursula von der Leyen said on…

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Mercedes-Benz breaks ground for recycling plant 1024 683 Energy Storage Journal

Mercedes-Benz breaks ground for recycling plant

March 9, 2023: Mercedes-Benz held a groundbreaking ceremony on March 3 for an EV battery recycling factory in Kuppenheim, Germany. The auto giant said the first stage of the plant,…

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ACWA Power invests $1.5bn in Kazakh BESS-wind project 1024 622 Energy Storage Journal

ACWA Power invests $1.5bn in Kazakh BESS-wind project

March 9, 2023: Saudi energy sector investor and developer ACWA Power said on March 2 it would lead a project to build a 1GW wind energy and BESS plant in…

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€90m batteries aid approval for Samsung SDI in Hungary 695 457 Energy Storage Journal

€90m batteries aid approval for Samsung SDI in Hungary

March 2, 2023: The European Commission has allowed Hungary to award nearly €90 million ($96 million) in state aid to expand Samsung SDI’s battery cell production facility in the country.…

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US ‘set for 1,000GWh EV battery capacity by 2030’ 600 591 Energy Storage Journal

US ‘set for 1,000GWh EV battery capacity by 2030’

January 5, 2023: EV battery manufacturing capacity in North America is set to accelerate from 55GWh annually in 2021 to nearly 1,000GWh by 2030 as a wave of new manufacturing…

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Europe lags behind US, China in ESS growth, says study 1000 666 Energy Storage Journal

Europe lags behind US, China in ESS growth, says study

July 28, 2022: European investment in energy storage systems has stalled — and the region is lagging behind the US and China in terms of market growth in the sector,…

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Regulator blocks permit for ‘misleading’ UK battery recycler 1004 346 Energy Storage Journal

Regulator blocks permit for ‘misleading’ UK battery recycler

April 14, 2022: Environmental regulators claim a UK-based “innovative” multi-chemistry battery recycling company, Fenix Battery Recycling, has provided “misleading” information about its operations in a possible bid to acquire public…

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