Large storage tenders in vogue
- Admin
- Jun 24, 2024
- 1 min read
The article discusses the role of battery storage for the energy transition, highlighting the growing integration of photovoltaics and energy storage systems. Insights from a Sungrow event in Madrid reveal the increasing importance of large-scale battery storage systems for stabilizing the grid amidst the rise of renewable energies. Market trends include falling battery storage costs, tenders for storage systems in various countries, and the need for a European storage strategy. Sungrow's VP mentions potential plans for European production of storage systems.
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