Each site, located in Tabuk and Hail provinces, will feature a 500 MW, four-hour system, with each project offering 2.45 GWh of storage. To ensure consistent performance, the systems are designed with a 5-year degradation buffer. [pdf]
The signed Memorandum of Understanding (“MoU”) between Hecate Global Renewables (HGR), Africa50 and the Ministry of Energy outlines a road map towards the development of 100MW renewable energy projects including BESS over two phases to expand the country’s electricity generation and supply infrastructure over the next years. [pdf]
The $20 million BESS project will stabilise Malawi’s hydropower-reliant grid, enhance electricity access, and reduce carbon emissions by 10,000 tonnes annually. This initiative is part of GEAPP’s BESS Consortium, which aims to deploy 5 GW of storage in low-middle-income countries by 2024. [pdf]
Serbia’s transmission system operator Elektromreža Srbije received two grid connection applications for battery energy storage systems. They are the first energy storage projects in the country. [pdf]
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Tongwei Solar is the world’s largest solar panel manufacturer; it shipped 38.2 GW of solar cells and solar panels in 2022. That’s the equivalent of over 100,000 typical 350 watt (W) solar panels. [pdf]
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According to data, among the top 10 companies in the global market for energy storage batteries in 2024, the top nine are all Chinese companies, namely CATL, EVE Energy, BYD, Haichen Energy Storage, Zhongchuang Chuanghang, Ruipu Lanjun, Yuanjing Power, Guoxuan High tech, and Penghui Energy. [pdf]
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