The project will be the UK's largest battery storage project and will power up to 800,000 homes during peak electricity demand hours. . With Iceland already sourcing 85% of its energy from renewables like geothermal and hydropower, you might wonder: why does it need a massive storage initiative? The answer lies in the country's ambition to become a global green energy exporter—and this project is its secret weapon. Imagine storing. . ogress, applications and. Nowadays, the energy storage systems based on lithium-ion batteries, fuel cells (FCs) and super capacitors (SCs) are playing a key role in several applications such as power generation, electric vehicles, computers, house-hold, wireless charging a ources of energy in. . With 98% of Iceland's electricity generated from renewable sources, Reykjavik-based factories like EK SOLAR leverage this clean energy advantage to produce lithium battery packs with 40% lower carbon footprints than global averages. Explore applications in solar power, EV charging, and industrial systems, backed by global market trends and real-world case studies.