New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and supercapacitor systems but not pumped hydro, which uses water stored behind dams to generate electricity when needed. [pdf]
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Zinc-air batteries are emerging as a promising alternative in the energy storage field due to their high energy density, cost-effectiveness, and environmental benefits. They have an energy density of up to 400 Wh/kg, rivaling lithium-ion batteries. How do they work? [pdf]
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The Ministry of Electricity in the east-based parallel government has signed a memorandum of understanding with the American company Starz Energies to establish a factory to produce batteries and energy storage systems. [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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Uruguay is globally recognized for its significant achievements in renewable energy development. As the country transitions to the second stage of decarbonization of its energy matrix and looks to increase energy exports, there will be new opportunities for companies that can. .
Further investments in power generation are linked to the expected increase in electricity demand and future projects related to hydrogen production. The. [pdf]
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Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) with the Government of Grenada and SIDS DOCK to establish Grenada’s first utility-scale wave energy park. [pdf]
Key topics included the development of new and optimization of existing oil and gas fields, attraction of foreign investment, energy transition, innovation implementation, carbon emissions reduction, as well as the development of low-carbon fuels and underground gas storage technologies. [pdf]
Turkey’s YEO is partnering with Zambian sustainable energy company GEI Power to develop a 60 MW/20 MWh solar plant with battery storage in Choma district, southern Zambia. The facility has been touted as Zambia’s first solar plant with battery storage. [pdf]
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For new energy units, proper deployment of energy storage facilities can promote the consumption of excess generation, increase the option of selling electricity in the high price period, participate in the competition auxiliary service market, and improve the return on total life cycle assets. [pdf]
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In Cuba, there are several initiatives and companies focused on energy storage and renewable energy solutions:ATESS is exploring customized energy storage solutions tailored to Cuba's geographic and grid conditions, aiming to support the country's clean energy transition1.A new British-Cuban energy storage plant has been established, combining British engineering with Cuba's efforts for energy independence2.Cuba faces challenges with its aging power infrastructure and reliance on fossil fuels, making energy storage solutions essential for addressing frequent blackouts3.The country has signed agreements with China to install photovoltaic parks, contributing to its goal of achieving 24% renewable energy penetration by 20304. [pdf]
Photovoltaics (PV) refers to the technology that converts sunlight directly into electricity using solar panels. Energy storage systems, on the other hand, store excess energy for later use, addressing the intermittent nature of renewable energy sources like solar power. [pdf]
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STREP has three outputs: (i) solar photovoltaic and battery energy storage system installed; (ii) draft energy act to enable increased deployment of renewable energy developed; and (iii) institutional capacity for inclusive renewable energy project development and implementation enhanced. [pdf]
The project will add 70 MW/140 MWh of storage capacity to SEB Nordic Energy’s Finnish portfolio, which already includes wind and hydropower. Located in Nivala Municipality in Finland’s Ostrobothnia region, the project is expected to be completed in 2026. [pdf]
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