Thailand Requires More Battery Energy Storage Systems to Meet Clean Energy TargetsThailand could add 10,000 MW of Battery Energy Storage Systems as part of its 2024 Power Development PlanAn estimated 34,851 MW of new energy will come from renewables over the same spanThe government awarded 24 projects with a BESS component in 2022 with these having a total capacity of 994 MW [pdf]
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Greece's new €153.7M subsidy program for C&I battery energy storage. Learn how businesses can benefit and how ACE Battery provides tailored storage solutions to maximize savings and efficiency. Apply by February 28, 2025! [pdf]
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Huawei, together with its channel partner JJ LAPP, showcased innovations in the energy storage system (ESS) and smart string inverters at Solartech Indonesia 2022. Huawei is honored to contribute to Indonesia's low carbon development with its field-proven Smart PV solutions. [pdf]
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Renewable power pioneer Alternergy Holdings Corp. (Alternergy) and its subsidiary Solar Pacific Energy Corporation (Solar Pacific) inaugurated the Republic of Palau’s first solar PV + battery energy storage system (BESS) project and the largest to date in the Western Pacific region. [pdf]
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A zinc–iodine single flow battery (ZISFB) with super high energy density, efficiency and stability was designed and presented for the first time. In this design, an electrolyte with very high concentration (7.5 M KI and 3.75 M ZnBr 2) was sealed at the positive side. [pdf]
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Colombia installed 1.6 GW of solar in 2024, bringing its total capacity to 1.87 GW by year-end. Industry group Ser Colombia says 33 utility-scale projects accounting for 1,410 MW were added to the grid. [pdf]
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The project, known as Kilokari BESS Private Limited (KBPL), has been set up in Delhi and has a capacity of 20 MW / 40 MWh. This project marks IndiGrid’s first commercial venture into the battery storage segment and represents a major milestone in India’s energy transition journey. [pdf]
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Abu Dhabi Future Energy Company (Masdar) is set to help the Public Utilities Corporation (PUC) in building a five-megawatt solar photovoltaic (PV) power plant with battery storage in the Republic of Seychelles [pdf]
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The Honduras Energy Storage Battery Project involves a 75 MW/300 MWh battery energy storage system (BESS) awarded to the Chinese-Honduran consortium Windey-Equinsa for $50.2 million. This project, which will be connected to the Honduran grid at the Amarateca substation, is set to begin construction in April 20252. The project aims to enhance energy storage capabilities in Honduras, contributing to a more reliable energy infrastructure. [pdf]
Europe and China are leading the installation of new pumped storage capacity – fuelled by the motion of water. Batteries are now being built at grid-scale in countries including the US, Australia and Germany. Thermal energy storage is predicted to triple in size by 2030. [pdf]
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New energy storage refers to advanced technologies for storing electricity, including lithium-ion batteries, liquid flow batteries, compressed air, and mechanical energy systems. These technologies are crucial for building a new power system, offering benefits like fast response times and flexible configurations2. The new energy storage sector is experiencing rapid growth, with China's installed capacity projected to reach 73.76 million kW by the end of 2024, marking a significant increase3. Additionally, the global energy storage market is evolving, with various business models and applications emerging to support energy transition efforts4. [pdf]
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3 Alternatives: Energy Storage Options Move Beyond LithiumMagnesium Electrolyte Battery University of Waterloo researchers have achieved a breakthrough in magnesium-based battery technology as an alternative to lithium-based technology. The invention addresses the longstanding challenge of developing magnesium-based batteries with competitive voltage and efficiency compared to lithium-ion batteries. . Thermal Batteries . The Single Crystal Electrode Battery . [pdf]
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Solar power’s biggest ally, the battery energy storage systems (BESS), has arrived in force in 2024. The pairing of batteries with solar photovoltaic (PV) farms is rapidly reshaping how and when solar energy is used, turning daylight-only generation into flexible, round-the-clock power. [pdf]
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