The energy storage facility delivered by Merus Power to Lappeenranta, Finland, has been completed and put into market use on 15 May 2025. The energy storage facility is owned by a joint venture between Ardian’s Clean Energy Evergreen Fund and the local energy provider Lappeenrannan Energia. [pdf]
The Roadmap proposed a comprehensive set of recommendations to expand New York’s energy storage programs to cost-effectively unlock the rapid growth of renewable energy across the State and bolster grid r. [pdf]
Energy storage projects are constructed through a systematic and multifaceted approach. 1. Planning and feasibility studies, 2. Site selection and acquisition, 3. Design and engineering, 4. Construction and implementation, are crucial stages in this process. [pdf]
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As news emerges of the financial travails of American energy storage companies Powin and ESS, Inc., Chinese manufacturer Hithium has officially opened a near-$200 million factory in Texas and Korean brand LG has confirmed the start of lithium iron-phosphate (LFP) battery production in Michigan. [pdf]
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GoodEnough Energy, a leading energy company, has announced the commencement of operations at India’s first battery energy storage gigafactory. This significant development is set to take place in the northern region of Jammu and Kashmir and is expected to be operational by October. [pdf]
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TAIPEI, Sept. 10, 2024 /PRNewswire/ -- XING Mobility, a world leader in immersion cooling battery systems, has officially opened the XING Paradigm Factory, the world's first volume production facility dedicated to this revolutionary technology. [pdf]
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The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of 2025. This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production. [pdf]
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This study presents a comprehensive review of managing ESS from the perspectives of planning, operation, and business model. First of all, in terms of planning and configuration, it is investigated from capacity planning, location planning, as well as capacity and location combined planning. [pdf]
The best performing energy storage stock in the world for this year is AMG Critical Materials (AMVMF) with a total return of 95.11%, followed by Atkinsrealis Group (SNCAF) and Aumann (AUUMF). Last updated Aug 08, 2025. [pdf]
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A 300 MW compressed air energy storage (CAES) power station utilizing two underground salt caverns in central China’s Hubei Province was successfully connected to the grid at full capacity, making it the largest operating project of the kind in the world. [pdf]
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