The Faraday Battery Challenge is a project that was launched in 2017 and will run through to 2025, with the aim of researching and developing battery technologie. It has just provided £29m investment to six key battery research projects aimed at delivering commercial impact.
While announcing another bumper year for the generation of renewable energy in Spain, the country’s electricity grid operator Red Electrica said that renewable energy sources could account for half of the country’s annual power generation this year, up from 42% in 2022.