Utility Verbund targets 1GW of battery storage by 2030 as it cuts ribbon on Germany project
Austria-based utility Verbund is targeting 1GW of battery storage by 2030, it revealed in a ribbon-cutting ceremony for a recent project in Bavaria, Germany. This week saw it unveil two operational battery storage projects in Bavaria that Energy-Storage.news recently revealed had gone online just before the turn of the year, allowing them to qualify for a revenue stream no longer available for newly commissioned projects.
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