Chile inaugurates largest standalone battery energy storage project
Developer Atlas Renewable Energy has inaugurated the 800 MWh battery energy storage system (BESS) plant in María Elena commune, in the Antofagasta region.
European renewables PPA market hit 19 GW in 2024, says Wood Mackenzie
Wood Mackenzie says Europe’s power purchase agreement (PPA) market was dominated by solar and wind deals in 2024, with an increase in battery-linked contracts as buyers looked to hedge against negative pricing periods.
Key takeaways from SolarEx Istanbul
The 17th edition of SolarEx Istanbul, which took place from April 10 to April 12, was the largest to date. As Turkey’s solar deployment increases, there was discussion on how to manage future installations, develop untapped domestic markets, and secure future investments.
Moldova to tender 246 MW of colocated battery storage
Moldova is expected to launch a new tender for the construction of large renewable energy parks colocated with battery energy storage systems in October.
Powering the AI revolution
Developers from the renewable energy and data center markets are working to find common ground to meet surging energy demand fueled by the artificial intelligence boom.
‘Without energy storage, renewables are not serious power plants’
Chinese inverter and energy storage maker Sungrow invited 300 guests from 20 European countries to its ESS [energy storage system] Experience Day event in Munich, Germany. Discussions focused on energy storage, projects, market figures, and the energy transition. The conclusion: More storage and grid expansion are needed.
Fraunhofer showcases hydrogen microgrid platform
The Fraunhofer Institute for Machine Tools and Forming Technology IWU will showcase a new hydrogen microgrid platform at the end of March. The researchers say it could help to serve hospitals, remote rural areas and war-torn regions.
Key takeaways from Solar Solutions Amsterdam 2025
The Solar Solutions Amsterdam 2025 trade show highlighted the shift in Europe toward smarter, scalable energy systems, showcasing innovations in residential and commercial solar technology as demand for integrated, flexible solutions continues to grow.
China scraps energy storage mandate for renewable energy plants
In a major policy shift toward electricity market liberalization, China has introduced contract-for-difference (CfD) auctions for renewable plants and removed the energy storage mandate, which has driven up to 75% of national demand to date. S&P Global expects the move to reverberate through the global battery storage supply chain, further driving down prices already at historic lows.
UK T-4 auction clears path for nearly 7 GW of new battery storage by 2028
Out of 6.9 GW of prequalified battery energy storage systems (BESS), equal to 1.9 GW derated capacity, about 1.8 GW of derated BESS secured 15-year contracts in the UK’s T-4 auction – nearly double last year’s volume. Just a week earlier, the T-1 auction also set a record for BESS procurement.
