A new report forecasts that Chile will lead the region in energy storage capacity, followed by Mexico and the Dominican Republic – driven by supportive regulatory frameworks and the growing adoption of hybrid energy projects. From ESS News [pdf]
The project is led by Tsinghua University and involves nine institutions, including the Institute of Electrical Engineering of the Chinese Academy of Sciences, Xi’an Jiaotong University, Beijing Institute of Technology, State Grid Jiangsu Electric Power Company, Huaneng Inner Mongolia Energy Corporation, and China Mobile Group Design Institute Co., Ltd. [pdf]
[FAQS about Merge China Southern Power Grid Energy Storage Project]
while the world debates climate change, South America's new energy storage projects are already storing sunshine in batteries the size of soccer fields. From Chile's Atacama Desert to Brazil's hydroelectric heartland, the continent is rewriting the rules of renewable energy. [pdf]
It is the only permitted greenfield pumped hydro energy storage project in the Northern Baltic region and will become the largest facility of its kind in Estonia. Construction of the project is expected to commence in 2026, and the first phase (500MW/ 6 GWh) is expected to be operational by 2032. [pdf]
A consortium of development finance institutions led by the Asian Development Bank (ADB) and IPP Gulf have signed a US$820 million loan agreement for a solar and storage portfolio in Thailand, they announced today (28 November). [pdf]
The project is planned to be constructed in two phases, mainly producing core new energy equipment such as photovoltaic inverters and energy storage container system equipment. The signing ceremony was held in Sheyang County, Jiangsu Province. [pdf]
[FAQS about New developments in the 5 billion yuan energy storage project]
In an announcement released on March 7, 2025, the executive arm of the European Union said that the Czech scheme will support the installation of at least 1.5 GWh of new electricity storage facilities. [pdf]
[FAQS about Czech photovoltaic energy storage system project]
As of most recent estimates, the cost of a BESS by MW is between $200,000 and $450,000, varying by location, system size, and market conditions. This translates to around $200 - $450 per kWh, though in some markets, prices have dropped as low as $150 per kWh. Key Factors Influencing BESS Prices [pdf]
[FAQS about Energy Storage Battery Project Costs]
Huawei Digital Power Sub-Saharan Africa FusionSolar recently brought together industry partners and key stakeholders from the continent’s Commercial & Industrial (C&I) energy sector to unveil the LUNA2000-215 Series, the world’s first hybrid air- and liquid-cooled C&I energy storage system (ESS), which it highlighted sets a new benchmark for efficiency and performance. [pdf]
27 new projects will receive a total of NOK 248 million under the enterprise development scheme for renewable energy. Projects include gas production from eucalyptus, solar energy systems in schools and hospitals, increased battery capacity for energy storage, and the development of wind farms. [pdf]
African focused renewable energy independent power producer, Globeleq, and its project partners, Source Energia and Electricidade de Moçambique (EDM) have announced the commencement of construction for the 19MWp (15MWac) Cuamba Solar PV plant and a 2 MW (7MWh) energy storage system in Mozambique. [pdf]
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