Magtel has secured a tender for a €500 million ($586 million) 289 MW/2,554 MWh pumped hydro project in Spain that will be colocated with 229 MW of solar.
Sri Lanka has started building its largest renewable project, a $140 million, 100 MW solar park with 12 MWh of storage. It is expected to annually generate 219 GWh and cut $69.7 million in diesel imports by 2027.
France and Germany have pledged support for the Southwestern Hydrogen Corridor and have agreed to collaborate on nuclear-based hydrogen support and joint research.
Longi has reportedly acquired a stake in Suzhou Jingkong Energy, signaling a strategic push into energy storage amid rising profit pressures and heightened competition in the solar sector.
Preliminary results from the fourth renewables auction in the Philippines show 9.4 GW in awarded solar, wind and storage projects, short of the 10.6 GW target, with remaining capacity in floating solar and solar-plus-storage to be reassigned to qualified bidders.
China-based battery storage specialist Poweroad is rapidly expanding its global footprint, deploying advanced battery energy storage systems (BESS) even in some of the world’s most extreme climates, where temperatures can plunge to -40°C.
The Medlink Renewable Generation project, a collaboration between Italy, Algeria and Tunisia, will deploy 10 GW of renewables in the two north African countries for both local use and export.
Canadian Solar’s e-STORAGE unit has unveiled its FlexBank 1.0 modular utility-scale battery, offering 8.36 MWh per unit, with deployment expected in 2026.
Chile has emerged as a world leader in hybrid systems and standalone energy storage since implementing its Renewable Energy Storage and Electromobility Act in 2022. Ensuring projects are paid for injecting power into the grid during peak periods has supported growth, and ambitious battery energy storage system (BESS) targets are now being pursued to tackle curtailment.
The Estonian home and commercial storage systems come in low- and high-voltage models. The high-voltage option can scale to ten modules, for 100.8 kWh, and a six-module, low-voltage version to 45 kWh.
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