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Tesvolt battery storage to benefit from "Made in Europe" funding bonus in Austria

2 days ago | ess-news.com | Tristan Rayner

Tesvolt unveiled its new Tesvolt Taytan storage solution last week at The smarter E Europe event in Munich. This battery storage system allows users to stack three to ten modules to achieve their desired storage capacity. Each module provides 6.25 kWH, making the product suitable for both residential and commercial photovoltaic setups. According to Tesvolt, up to four battery storage units can run in parallel through a single inverter.
Fluence pauses projects amid tariff uncertainty, revenue decline

2 days ago | ess-news.com | Tristan Rayner

Bellwether battery energy storage company Fluence Energy lowered its fiscal year 2025 revenue forecast to between $2.6 billion and $2.8 billion, down from a previous estimate of $3.1 billion to $3.7 billion. Adjustments to EBITDA guidance have also changed, with projections now of $0 to $20 million, significantly down from earlier projections of $70 million to $100 million.
Redefining utility-scale storage: Envision unveils EN 8 Pro with 8 MWh DC ESS

2 days ago | ess-news.com | Tristan Rayner

Envision Energy announced the launch of its next-generation EN 8 Pro 8MWh DC Liquid-Cooled Energy Storage System. Designed to accelerate the transition to an intelligent, resilient, and net-zero energy future, the EN 8 Pro sets a new benchmark in safety, performance, cost-efficiency, and environmental adaptability.
Egypt's 1GW / 200MWh solar-plus-storage project secures EBRD funding

2 days ago | ess-news.com | Tristan Rayner

The European Bank for Reconstruction and Development (EBRD) has provided a US$30 million equity bridge loan to support Egypt’s first major hybrid renewable energy project, which has now officially broken ground. The project combines large-scale solar with battery storage capabilities. Norwegian renewables developer Scatec has commenced construction on the 1.1 GW solar plant with 100 MW/200 MWh battery energy storage system in Nagaa Hammadi through its special purpose vehicle, Obelisk Solar Power.
CMBlu Energy's Organic SolidFlow battery picks up an award

3 days ago | ess-news.com | Tristan Rayner

CMBlu Energy, a German company developing energy storage systems, was named a winner of The smarter E Award 2025 in the Energy Storage category last week, as jury members recognized the company’s Organic SolidFlow battery technology designed for long-duration energy storage applications. The Organic SolidFlow battery, due for production in 2026, this long-duration battery system stores 200 kWh of energy and has a 40 kW output power.
Reliance Power wins 175 MW/700 MWh battery storage supply in auction

3 days ago | ess-news.com | Tristan Rayner

Reliance Power’s arm Reliance NU Energies has emerged as the largest winner in the latest SJVN auction by securing a 350 MW solar power project backed with 175 MW/700 MWh of battery energy storage system (BESS), at a competitive fixed tariff of USD$0.0386 or INR 3.33/kWh for 25 years. The project mandates a minimum four-hour daily discharge window to ensure reliable power supply during peak hours to state electricity distribution utilities (discoms).
Battery giant CATL aims to raise $4b in Hong Kong public stock listing

3 days ago | ess-news.com | Tristan Rayner

Contemporary Amperex Technology (CATL), the world’s leading battery manufacturer and a significant supplier of batteries to the stationary energy storage industry, has initiated a long-awaited Hong Kong Initial Public Offering (IPO) on Monday, May 12. The listing, first initiated in February, aims to raise between US$4 billion and US$5.3 billion, with proceeds primarily designated to accelerate its global expansion, including in Europe.
Battery reprieve as US-China tariffs go on hold for 90 days

3 days ago | ess-news.com | Tristan Rayner

The U.S. and China have agreed to temporarily cut tariffs on each other’s imports, boosting the battery industry through the ongoing uncertainty. With most supply coming from China, the industry has been given support, with U.S. Treasury Secretary Scott Bessent saying both countries would lower their reciprocal tariffs by 115% for 90 days, after joint trade talks in Switzerland. The White House posted a joint statement from the countries confirming the news.
Munich research team improves lithium-ion conductors for solid-state batteries

6 days ago | ess-news.com | Tristan Rayner

The Technical University of Munich reports a world record for lithium-ion conductors, marking an important step in improving solid-state batteries: Scientists at TUM and TUMint.Energy Research GmbH have developed a new material made of lithium, antimony, and scandium that, according to the press release, conducts lithium ions over 30 percent faster than any previously known material.
Battery-in-EV-charger: Elli adds 160 kWh of storage to Flexpole Plus EV charger

6 days ago | ess-news.com | Tristan Rayner

Volkswagen Group company Elli has debuted its new Flexpole Plus, a next-gen upgrade to its popular DC fast charger, that includes a usable 160 kWh of battery storage from an installed total capacity of 193.5 kWh using LFP battery cells. With the integrated battery system, the DC fast charger can supply up to 150 kW while requiring far less in grid upgrades or construction.