Energy Storage integriertes Investmentbanking-Unternehmen

The third in a series of 2021 events on the transformational potential of energy storage, this workshop brought together multilateral development banks, country officials, companies, and organizations investing in energy storage and other elements of clean energy to explore the unique aspects of energy storage finance and the relationship between private

Who is VoltStorage GmbH?

VoltStorage GmbH develops and produces energy storage systems based on ecological redox flow technology. With its sustainable storage solutions, VoltStorage strives to achieve its vision of making 100% renewable energy available 24/7.

Why is the European Investment Bank backing energy dome?

The European Investment Bank and Bill Gates’s Breakthrough Energy Catalyst are backing Energy Dome with €60 million in financing. That's because energy storage solutions are critical if Europe is to reach its climate goals.

What is energy storage and why is it important?

Energy storage is crucial to enable the phasing out of carbon-intensive fossil fuels. It allows renewable energies to be scaled further, by addressing both surges in demand and the fluctuating supply of solar and wind power.

How does energy storage work?

It uses excess energy from the local grid during the day, normally supplied by solar power, to compress and liquify the gas, storing it in steel tanks. The heat generated as a by-product during the process is stored in special Thermal Energy Storage units. When there’s a need for electricity, the process is reversed.

What does the EIB do?

EIB Vice-President Ambroise Fayolle, who is responsible for activities in Germany, highlighted, “The EIB supports innovative and sustainable advanced technology developed and manufactured in the European Union, and especially storage technology.

What is Johnson Controls battery storage & energy solutions?

6. Johnson Controls Battery storage and energy solutions systems from Johnson Controls allow for seamless integration with existing building technology systems. These utilise algorithms that provide for flexible and custom applications, the company says, such as demand management, frequency regulation and integration with renewables.