Lisbon-headquartered renewable energy company TagEnergy has launched construction of France's biggest battery energy storage system (BESS). Tesla will contribute to the project also, offering market access services and its expertise in advanced storage solutions.
Will Tesla build France's biggest battery energy storage system?
Lisbon-headquartered renewable energy company TagEnergy has launched construction of France's biggest battery energy storage system (BESS). Tesla will contribute to the project also, offering market access services and its expertise in advanced storage solutions.
Should Europe increase its battery production capacity?
To meet its emissions reduction goal, Europe needs to dramatically increase its battery production capacity to between 600 and 800 gigawatt hours by 2030, from 78 gigawatt hours at the end of 2021. China is the global leader in battery manufacturing for electric vehicles. Europe, with less than 10% of global production, lags behind.
What is the European Battery Alliance & InnoEnergy?
The European Battery Alliance, an initiative introduced in 2017 to foster the battery industry in Europe, and InnoEnergy, an international sustainable energy knowledge and innovation community and one of Verkor's first financial backers, connected the company to the European Investment Bank, the European Union's financing arm.