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Southeast Asia targets 18 GW of pumped hydro by 2033

According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development.

Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential

Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.

European battery market growth to drop off amid falling electricity prices

The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.

Colbún proposes 800 MW desalinated water-powered pumped storage project in Chile

Chilean utility Colbún has unveiled plans for a massive pumped storage hydropower project in northern Chile. The facility will use desalinated water from the Pacific Ocean to store energy and use it when it’s most needed.

Svolt abandons plans to open battery factory in Germany

Chinese battery manufacturer Svolt has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.

Soluble lead flow battery for PV applications

UK researchers have assessed the cost of a 24V soluble lead flow battery optimized for PV applications. They have found that a total component cost of GBP 50 ($62)/kWh could be achieved, which is half that of current nickel-manganese-cobalt (NMC) lithium-ion cells.

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