Greece awards 189 MW of battery storage in third auction
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
Somalia extends deadline for solar-plus-storage tender
Somalia has changed the deadline for a tender seeking a developer for a 55 MW solar plant with a 160 MWh battery energy storage system (BESS) at the Jazeera power plant in Mogadishu. The new deadline is May 5.
China’s Huadian announces winners in 6 GWh BESS tender with average bid at $65/kWh
The procurement exercise has attracted 67 battery energy storage companies but only six have emerged as winners. The average bid stood at CNY 0.473/Wh ($65/kWh).
‘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.
The Hydrogen Stream: HyIron starts green hydrogen production in Namibia
HyIron says it has produced the first green hydrogen molecules at its Namibian facility, while Copenhagen Infrastructure Partners (CIP) has secured AUD 814 million ($512 million) for its Murchison Green Hydrogen project in Western Australia.
Exploring hydrogen for energy development in remote communities: Comparing Canadian and Malaysian prospects
Researchers at the University of Waterloo in Canada investigated hydrogen as a potential decarbonization strategy for remote communities in Canada and Malaysia. They reviewed the two countries’ respective situations before presenting a value proposition for continued work – both separately and collaboratively.
Corporate PPAs with variable price structure achieve higher performance
Researchers in Portugal have simulated 800 power purchase agreemeents across eight different contract type and have found that contracts with a variable price structure achieve higher performance. Their analysis considered net present value, contract performance deviation and volume residual as the main indicators.
SMA America releases 99.2% efficient grid-scale battery storage inverter
The inverters use a silicon carbide metal-oxide-semiconductor field-effect transistor for high power conversion capability.
Tunisia seeks consultants for 400 MW solar-plus-storage project
The World Bank is inviting consultants to submit proposals for a technical study on a 350 MW to 400 MW solar project with battery energy storage in Tunisia. The deadline for applications is March 24.
US energy storage installations grow 33% year-over-year
Storage deployment in the United States grew across all segments and is forecast to grow another 25% in 2025, according to Wood Mackenzie.
