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ACWA Power lands financing for Central Asia’s biggest battery storage project

The Saudi Arabian developer has reached financial close for the Tashkent Riverside project in Uzbekistan, which includes a 200 MW solar plant and a 500 MWh battery energy storage system (BESS).

World’s largest sodium-ion battery goes into operation

The first phase of Datang Group’s 100 MW/200 MWh sodium-ion energy storage project in Qianjiang, Hubei Province, was connected to the grid.

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Romania mandates energy storage for prosumers

Romania’s parliament has adopted a bill mandating prosumers with PV systems with capacities from 10.8 kW to 400 kW to install energy storage systems.

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624 MWh battery project breaks ground in the UK

Construction has commenced on a massive battery energy storage system (BESS) project at Cellarhead in the West Midlands, with 54 BESS containers installed in only 38 days.

CATL signs 4 GWh supply deal with Israel’s BLEnergy

Chinese battery manufacturer CATL is expanding its presence in the Middle East and Europe via a 4 GWh long-term supply agreement with Israeli integrator BLEnergy.

Elements Green secures approval for 360 MW/720 MWh storage project in UK

UK-based solar and energy storage developer Elements Green has secured planning consent for its Staythorpe Battery Energy Storage System (BESS) project in the UK. The system will be colocated with a massive 800 MW solar farm.

Fire at South Korea primary lithium battery factory kills 22

At least 22 people, most of them foreign nationals, were killed in a massive fire at a South Korean factory that manufactures non-rechargeable lithium batteries in Hwaseong city, just south of Seoul. The cause of the blaze is still being investigated.

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.

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