Germany’s commitment to renewable energy is becoming a magnet for energy storage projects, according to its foreign trade agency. The EU powerhouse recently ditched its nuclear power programme to focus on sustainable energy.
Raphael Goldstein, energy storage expert at Germany Trade & Invest in Berlin said: “Germany has set ambitious goals for renewable energy and positioned itself as a lead market for commercialisation of fuel cell, hydrogen and battery technologies.”
He pointed to a string of recent German developments for the energy storage sector. Canadian fuel cell maker Ballard recently announced the opening of its new European headquarters in Germany, while this month E.ON revealed plans to launch a new project in Brandenburg to turn renewable energy into hydrogen through electrolysis and feed it into the natural gas grid.