Author
Petra Hannen
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Articles written by Petra Hannen
Germany’s Green Flexibility secures up to EUR 400m equity finance for grid-scale batteries
Swiss private equity firm Partners Group will invest in the German battery energy storage specialist. Green Flexibility said the backing, plus other borrowing, will finance more than EUR 1 billion ($1.03 billion) worth of projects.
Jan 17, 2025
Swedish greentech specialist Flower wants to expand in Europe
The company has raised more than €45 million ($48.8 million) to build large-scale energy storage facilities with AI-supported optimization platforms in Germany, Austria, Switzerland and other European countries. The planned projects also include a 10 MW battery park in Saarland.
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Germany-based Kyon Energy plans to build and operate large-scale energy storage facilities
The Munich-based contractor wants to broaden its position and become a holistic flexibility provider in the energy market. Kyon Energy says it has 1 GW of approved and ready-to-build projects and more than 7 GW in the pipeline.
Researchers extend lifespan of aqueous zinc-ion batteries
The method developed at the Technical University of Munich is intended to make several hundred thousand charge and discharge cycles possible in the future instead of a few thousand. A special protective layer for the zinc anodes of the batteries is crucial.
Munich Re asset manager buys 231 MWh battery storage project in North Rhine-Westphalia
MEAG, the asset manager of Munich Re and Ergo Group, has acquired the shares in a ready-to-build battery energy storage system (BESS) project in Metelen. SMA Altenso will provide engineering, procurement, and construction and operations and maintenance services for the battery park, which is scheduled to go online in the second half of 2025.
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Aluminium-polymer battery for stationary electricity storage
The device developed by TU Bergakademie Freiberg researchers uses aluminum as an anode, graphite as a cathode, and a polymer-based solid electrolyte. It is being validated and further developed for industrial production. The goal is storage capacity of 10 kWh.
German state Schleswig-Holstein promotes commercial energy storage
Small and medium-sized companies can apply for financial support for storage systems. Electricity storage facilities must obtain at least 75% of their annual energy from a directly connected renewable energy plant to be eligible for a grant.
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