The United States is accelerating into the sustainable energy transition, aided by the landmark Inflation Reduction Act (P.L. 117-169) (IRA) and the Infrastructure Investment and Jobs Act (P.L. 117-58) (IIJA), which provide billions of dollars in funding for renewable and clean energy development, as well as tax credits and incentives that prioritize environmental and equity-focused […]
Salgenx Reveals the Future of Energy Storage with a Grid-Scale Multifunctional Industrial Powerhouse – EQ Mag
MADISON, Wis. : Salgenx, a leading innovator in energy storage technology, has unleashed its latest breakthrough in the field of grid-scale energy storage. The company has introduced a revolutionary multifunctional industrial powerhouse that is set to redefine the way we store and utilize energy. With the growing demand for sustainable and efficient energy solutions, Salgenx […]
Dubai gears up to host global Energy Storage Forum ahead of COP28 – EQ Mag
Dubai is eagerly preparing to host the highly anticipated return of the prestigious Energy Storage Forum this year, strategically organized in anticipation of the 28th meeting of the Conference of the Parties (COP28) scheduled for November. From May 23 to May 25, 2023, the Energy Storage Forum’s 2023 edition will take place at the Sofitel […]
Northvolt completes construction of Poland ESS factory – EQ Mag
Swedish battery manufacturer, Northvolt has completed the construction of Northvolt Dwa in Gdańsk, Poland — Europe’s largest factory for energy storage solutions. Sharing the video of the completed factory on social media, Northvolt confirmed that the production is scheduled to begin by the end of the year, which will coincide with the official opening of […]
Five Smart Takes on Battery Energy Storage Systems – EQ Mag
Omdia did a deep dive into the battery energy storage system (BESS) industry and came back with insights about new battery chemistries, manufacturers and their challenges, the state of the global market, and more. Here are five takeaways. The demand for renewable energy resources has increased significantly as the world transitions towards a more sustainable […]
Could Underground Gravity Energy Storage Offer a Solution to Future Energy Storage Needs? – EQ Mag
As part of the energy transition and the move to renewables, an international team of researchers has recently proposed a new technology – Underground Gravity Energy Storage (UGES) – which can store and discharge electricity. Meeting the Surging Demand for Energy At present, solar and wind power are considered to be the front runners in […]
Tackling the heating crisis: Circular design and the future of home energy storage – EQ Mag
As the environmental and financial costs of gas and oil boilers escalate, electric heat pumps have emerged as a promising eco-friendly heating solution – but they only go so far We must integrate heat pumps with renewable energy sources and energy storage technology, creating a smart, adaptable and sustainable home energy system. This shift hinges […]
Largest UK battery energy storage facility comes online – EQ Mag
The $15.7m facility will use Tesla lithium-ion batteries and double TagEnergy’s storage capacity. TagEnergy and Harmony Energy have completed construction on the UK’s largest battery storage facility with a capacity of 99MWh. The $38m (£30m) development has a throughput of 49.5MW and lies near Luton, in the southeast of the UK. International bank Santander UK […]
What Are the Most Promising Energy Storage Technologies? – EQ Mag
Efficient energy storage technology is needed to overcome fluctuations in renewable energy supply and decrease our reliance on fossil fuels. Here are some of the most promising technologies in the industry today. As the world moves towards a more renewable and decentralised energy system, energy storage is becoming increasingly important. Energy storage technologies allow us […]
Europe to Take Off in Energy Storage and Potentially Arrive at 95GW in Installed Capacity by 2050 – EQ Mag
British research institution Aurora Energy Research pointed out that Europe will be increasing its quantity of 10MW grid-grade energy storage systems each year, and could arrive at an accumulated capacity of 42GW by 2030, before potentially reaching 95GW by 2050. This also means that the period between 2023 and 2050 will see more than EU€70 […]
