Huawei Digital Power has announced the signing of a key contract with SEPCOIII for its NEOM Red Sea project, which involves 400 MW of PV plus a 1300 MWh battery energy storage solution (BESS), currently the world’s largest energy storage project. [pdf]
Here, we propose a multi-criteria decision-making (MCDM) framework for selecting a suitable technology based on certain storage requirements. Specifically, we consider nine criteria in four aspects: technological, economic, environmental, and social. [pdf]
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Greece will invest €1 billion ($1.1 billion) to support the installation of 813 MW new solar PV capacity, along with integrated storage solutions, after securing a go-ahead from the European Commission. The 2 projects to benefit from this scheme are planned to come online by mid-2025. [pdf]
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India’s energy storage sector is poised to attract an investment of Rs. 4,79,000 crore (US$ 56.07 billion) by 2032, as per the India Energy Storage Alliance (IESA). The sector is projected to grow five-fold between 2026 and 2032, driven by the country’s increasing need for energy storage solutions. [pdf]
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Huawei Digital Power has announced the signing of a key contract with SEPCOIII for its NEOM Red Sea project, which involves 400 MW of PV plus a 1300 MWh battery energy storage solution (BESS), currently the world’s largest energy storage project. [pdf]
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Energy storage plays a pivotal role in the energy transition and is key to securing constant renewable energy supply to power systems, regardless of weather conditions. Energy storage technology allows for a flexible grid with enhanced reliability and power quality. [pdf]
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NOUAKCHOTT, March 27, 2025 - The World Bank Group today approved the Mauritania Development of Energy Resources and Mineral Sector Support Project —known as the DREAM Project —to boost green hydrogen development, expand energy storage, and support critical reforms in the mining sector. [pdf]
AES Colón has a total project cost of approximately US$1 billion. Additional capital for the project has been secured through other financial institutions, along with equity investments from the AES Corporation and the Panama-based Motta Group. [pdf]
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The agreement involves a feasibility study for the construction, operation and maintenance of a photovoltaic power station with a capacity of 200 MW in the suburbs of N’Djamena, the capital of Chad. [pdf]
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Huawei has played a pivotal role in this sustainable endeavor by constructing the largest photovoltaic-energy storage microgrid station globally, featuring a massive 400MW solar PV system complemented by a 1.3GWh energy storage system. [pdf]
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The project aims to install 30 MW of solar PV and strengthen the regulatory environment to accelerate Bhutan’s renewable energy market, fully realising its solar energy plan of 1000 MW as planned by the government in the current five-year plan (2024-2028). [pdf]
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The Equatorial Guinea Energy Storage Project includes the development of a flywheel energy storage frequency regulation power station, which aims to address grid stability challenges amid increasing renewable energy adoption in the country1. Additionally, Equatorial Guinea is constructing the first liquefied natural gas (LNG) storage and regasification plant in West Africa, which will support the monetization of gas resources and the creation of a domestic gas-to-power infrastructure2. Furthermore, a detailed document outlines the Equatorial Guinea Energy Storage Power Station Project, which likely provides more specific information about the project's scope and objectives3. [pdf]
The project is designed to have an energy storage capacity of 100 megawatt-hours, which can power 3,400 homes for a day, and the system is expected to be completed in June. On the other hand, the system is set up in Texas for energy firm Enel and will feature a 460-foot-tall structure. [pdf]
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NGEN, a developer based in Slovenia, has celebrated the installation of a 22MWh grid-scale battery energy storage system (ESS) supplied by Tesla in what is thought to be the product's first deployment in the Balkans. [pdf]
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