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SIEYUAN Electric showcases energy storage and smart grid integration solutions at SNEC 2026

2026.06.18

Exhibitions & Events

China

During the 2026 SNEC exhibition, Sieyuan Electric showcased comprehensive solutions for renewable-dominated power systems, highlighting the synergistic application of energy storage, grid-forming technology, smart grids, and digital asset management. Leveraging its full-chain capabilities in.........

European Eurelectric Report: Long-duration Energy Storage Can Save 150-250 Million Euros in Annual Operating Costs per Gigawatt

2026.06.18

Tech Trends

Europe

The European electricity industry association Eurelectric, in collaboration with engineering consultancy Afry, released a report indicating that long-duration energy storage technologies are playing an increasingly prominent role in Europe\'s energy transition, with their commercial potential.........

Chinese battery enterprise REPT BATTERO has released a 320 Ah sodium-ion energy storage battery with a cycle life of over 20,000 times.

2026.06.18

Tech Trends

China

During the 2026 SNEC exhibition in Shanghai, REPT BATTERO launched the Wending 320 Ah sodium-ion energy storage cell, targeting utility-scale long-duration energy storage projects and extreme climate application scenarios. The cell has a rated capacity of 320 Ah, a cycle life exceeding 20,000.........

European countries promote long-duration energy storage development, Spain and Portugal take the lead

2026.06.18

Market Analysis

Europe

A report jointly released by the European electricity industry association Eurelectric and the consulting firm AFRY shows that long-duration energy storage technology is becoming a strategic component of Europe\'s decarbonized power system. Each gigawatt of installed long-duration energy storage.........

German battery production grows 11% in 2025, reaching a record €8.1 billion

2026.06.18

Economy & Trade

Germany

According to data from the German Electrical and Digital Industry Association (ZVEI), Germany\'s battery production resumed strong growth in 2025, with lithium-ion battery output increasing by 28% year-on-year, reaching a production value of €4.6 billion (US$5.3 billion). Battery production across.........

Portuguese Government Launches Open Capacity Market Mechanism for Energy Storage and Power Generation

2026.06.18

Electricity Markets

Portugal

Portugal\'s Ministry of Environment and Energy has announced the launch of a new capacity mechanism aimed at ensuring security of electricity supply, in response to the challenges of advancing electrification, the growth of renewable energy, and rising electricity demand over the next decade. The.........

India to Curtail 2.1 TWh of Renewable Energy in FY 2025-26 Due to Limited Coal Power Peaking Capacity

2026.06.18

Electricity Markets

India

India curtailed 2.1 terawatt-hours of renewable energy generation in the 2025-2026 fiscal year (April 1, 2025 to March 31, 2026), equivalent to 1.3% of total renewable energy generation. Energy think tank Ember analysis points out that grid operators had to curtail clean electricity to maintain.........

Argentina's Secretariat of Energy Approves 232 Bids for AlmaSADI Energy Storage Tender to Enter Economic Stage

2026.06.18

Electricity Markets

Argentina

The Argentine Secretariat of Energy, through Resolution No. 136/2026, approved 232 of the 235 bids submitted in the AlmaSADI battery storage tender to proceed to the economic stage, while the remaining three were disqualified due to irremediable irregularities. Managed by CAMMESA, this tender aims.........

Spain's first-quarter negative electricity price duration reaches 397 hours, with photovoltaic oversupply as the main cause

2026.06.18

Electricity Markets

Spain

Spain recorded 397 hours of negative electricity prices in the first quarter of 2026, far exceeding the 48 hours in the same period of 2025 and approaching the total of 555 hours for the entire previous year. This phenomenon is mainly driven by a surge in photovoltaic generation coupled with.........

American FlexGen enters Europe, offering energy storage software and services to enhance grid capacity

2026.06.18

Companies

Europe

FlexGen Power Systems announced the expansion of its European business, providing battery energy storage solutions and energy management software to local power grids to enhance energy reliability and cost-effectiveness. The company will offer the European market an energy management platform that.........

Sungrow and Nuveen Sign 1.32GWh Energy Storage Framework Agreement with 98% System Availability Guarantee

2026.06.18

Companies

Europe

Chinese inverter and energy storage manufacturer Sungrow has signed a 1.32 GWh framework agreement with global infrastructure investor Nuveen Infrastructure, covering Nuveen\'s European renewable energy project portfolio. Sungrow will supply 302 liquid-cooled PowerTitan 2.0 battery energy storage.........

U.S. Peak Energy partners with General to advance domestic sodium-ion battery energy storage supply

2026.06.18

Companies

United States

Peak Energy and General Motors announced a partnership on June 9 to jointly develop and deploy sodium-ion battery systems for grid-scale stationary energy storage. The two sides will combine Peak Energy\'s passive cooling energy storage technology with GM\'s battery manufacturing capabilities. GM.........

US Viridi Partners with Budderfly to Expand Commercial Energy Storage Systems to 100 Sites

2026.06.18

Companies

United States

Viridi and Budderfly announced a nationwide partnership to deploy commercial battery energy storage systems, planning to cover 100 Budderfly-managed commercial sites across the United States. The initial deployments have advanced in Massachusetts, Connecticut, and California, involving facilities.........

U.S. Eos and Germany's CAPAC Reach 750MWh Energy Storage Supply Agreement to Enter European Market

2026.06.18

Companies

Germany

U.S. zinc-based long-duration energy storage system manufacturer Eos Energy Enterprises has signed a binding master supply agreement with German battery energy storage system developer and operator CAPAC Energy, establishing an exclusive partnership covering the DACH region of Germany, Austria, and.........

Prevalon of the US signs multi-year agreement with AESC to support 10 GWh energy storage and data center deployment

2026.06.18

Companies

United States

Prevalon Energy has signed a multi-year strategic supply agreement with AESC to support the deployment of up to 10 GWh of battery energy storage projects over the next three years. The agreement will secure Prevalon’s ability to supply energy storage solutions to utilities, independent power.........

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