Gaelectric_CAES_project

Gaelectric gains €8.3 million EU funding for CAES project

Irish energy storage firm Gaelectric has been awarded an additional €8.28 million in European Union (EU) funding for its compressed air energy storage (CAES) project in Northern Ireland. The funding comes from the EU’s Connecting Europe Facility (CEF). Gaelectric’s 330MW CAES project, near the port town of Larne in Northern Ireland, will store energy in […]

Read more
maslow_install_Moixa

Moixa expands in to Europe after gaining new investment

Moixa Technology is hoping to raise up to £20 million by the end of the year to fund its expansion into Europe, and has recently gained investment from three big beasts from the UK energy sector. The energy storage company has attracted finance from Sam Laidlaw, a stalwart of the oil and gas industry and […]

Read more
Solarwatt_my_reserve

SOLARWATT announces expansion into UK solar storage market

German manufacturer SOLARWATT is preparing to launch its MyReserve energy storage system in the UK by developing a partnership network with installers and designers. The expansion has been prompted by a substantial investment by Stefan Quandt of the family that owns BMW, allowing the company to take advantage of what it sees as growing traction […]

Read more
Official-BMW

BMW to bring i3 batteries into stationary energy storage space

BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs. The German company made the announcement at the Electric Vehicle Symposium & Exhibition 29 in Montreal, claiming it will be the first […]

Read more