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energy storage
Germany’s MEP Werke to Add EVs to Solar Leasing Business
MEP Werke, the German clean energy company that allows customers to rent their rooftop solar panels in exchange for a monthly fee, has revealed plans to add electric vehicle leasing to its offering in a bid to boost the business…
UK’s First New Hydro Energy Storage Plant in 30 Years Given Green Light
Plans for what would be the UK’s first new grid-scale electricity storage facility in more than 30 years have been given the go-ahead by the government, with construction now likely to begin in North Wales from next year. Developer Snowdonia…
Northvolt Charges Up Plans for Europe’s Biggest Battery Factory
Swedish start-up Northvolt has announced plans to build Europe’s largest lithium-ion battery factory to support growing demand for electric vehicles and energy storage. Earmarked for an as-yet-unspecified site “in the Nordic region”, the large-scale factory is anticipated to have an…
Home Energy Storage Batteries Lose to Grid-Connected Solar on Environmental Impact
Energy storage allows excess power collected by solar panels to be stored for later use, addressing the intermittent nature of solar power. It’s a concept that has already won over policymakers, electric utilities, and some automakers. Tesla CEO Elon Musk…
China to Take Leadership Position on Energy Storage in East Asia-Pacific Region, World Bank Says
China likely will become the largest energy storage market in the East Asia & Pacific region, with a potential to install about 9 GW of utility-scale and behind-the-meter systems in 2025, according to the World Bank. In its latest report…
REA ‘Welcomes’ UK Industry Plan
The Renewable Energy Association (REA) has welcomed the UK government’s industrial strategy green paper, in particular, its support for energy storage. REA head of policy & external affairs James Court said the association also hoped the focus on reducing energy…
National Grid Invests $100m in US Solar Partnership with Sunrun
National Grid has invested $100m in a partnership venture with US solar firm Sunrun aimed at boosting the growth of the household solar rooftop market in the US. Announced yesterday, the partnership includes a joint marketing agreement, a collaborative grid…