The flagship battery storage project commenced operations on February 1, only days before cutting ties with the Russian power grid.
Sulzer is developing advanced pumps for Hyme Energy’s patented molten hydroxide salt energy storage technology. Building on the success of the pioneering Molten Salts Storage (MOSS) project in Denmark, the partners now seek to commercilize the solution.
The innovative project located in a suburban district in the south of Shanghai will integrate five different energy storage technologies, including sodium-ion batteries. Its first phase will have a cumulative capacity of 40 MW/160 MWh.
The procurement exercise has attracted 67 battery energy storage companies but only six have emerged as winners. The average bid stood at CNY 0.473/Wh ($65/kWh).
The new home energy storage solution from Estonia’s Freen is based on sodium-ion battery chemistry and can be coupled with both rooftop PV and small wind turbines.
A total of PLN 4 billion ($1 billion) will be distributed under the subsidy scheme by the end of 2025 in a bid to bring online more than 5 GWh of energy storage projects by 2028.
Dutch start-up develops sodium-ion battery tech for solar colocation
The aid will take form of direct grants which will cover up to 50% of the investment cost of supported projects.
County officials in Texas have approved a tax abatement for Tesla to build a factory for its Megapack utility-scale storage product in the Lone Star State. The final approval is conditional on an agreement with city authorities.
The 209 MWh Stendal battery energy storage project is expected to be fully operational by early 2026, one year before its seven-year tolling agreement comes into effect.
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