WARSAW, March 24, 2025 – Polish utility PGE has announced plans to allocate around USD 4.7 billion for battery storage projects as part of its energy transition efforts, Reuters cited CEO Dariusz Marzec as saying on Monday. [pdf]
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On 5th April, the Cape Verdean government signed a contract with Cabeólica (an ALER Member) for the ‘expansion of the wind farm and energy storage battery’ project, which will double wind energy production in Cape Verde. [pdf]
[FAQS about Cape Verde 2025 Energy Storage Project]
The uses of flywheel energy storage include:Uninterruptible Power Supply (UPS) Systems: Provides backup power during outages1.Electric Vehicles: Acts as a storage device for energy1.Renewable Energy Integration: Helps in integrating renewable sources into the power grid1.Spacecraft: Used for attitude control and stabilization1.Transportation: Applied in rail vehicles and other transport systems2.These applications highlight the versatility and efficiency of flywheel energy storage systems. [pdf]
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According to Solar Power World, the global energy storage market is expected to grow from 20 GW in 2023 to 58 GW in 2025. This expansion will enable greater stability and integration of renewable sources into the electricity grid. [pdf]
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Zenith Energy Corp SRL, a subsidiary of Blacktree Capital Management, has initiated construction of the 101.2-MWp Dominicana Azul solar farm in the Dominican Republic, launching a project that will boast the Caribbean nation's first battery energy storage system (BESS). [pdf]
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Energy storage is one of the hot points of research in electrical power engineering as it is essential in power systems. It can improve power system stability, shorten energy generation environmental influence, enhance system efficiency, and also raise renewable energy source penetrations. [pdf]
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In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already achieved record growth in 2024 when power providers added 10.3 GW of new battery storage capacity. [pdf]
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Aarhus and Aalborg Universities, together with the Danish Center for Energy Storage and Novo Nordisk Foundation CO 2 Research Center, welcome you to the 4th edition of Aarhus PtX Symposium, taking place in the centre of Aarhus on 21-22 May 2025. [pdf]
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The Cook Islands in the Pacific will host a 5.6MWh lithium-ion battery energy storage system for the integration of renewables, in a project funded by the Asian Development Bank, European Union and Global Environmental Fund. [pdf]
PV technology integrated with energy storage is necessary to store excess PV power generated for later use when required. Energy storage can help power networks withstand peaks in demand allowing transmission and distribution grids to operate efficiently. [pdf]
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The portable energy storage system market size crossed USD 4.4 billion in 2024 and is set to grow at a CAGR of 24.2% from 2025 to 2034, driven by the rsing mobility trends like camping, hiking, and RV use are driving adoption. [pdf]
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In 2025, against the backdrop of global energy transformation and carbon neutrality goals, energy storage inverters, vital for connecting renewable energy sources to power grids, are drawing increasing global attention. [pdf]
Financing models for energy storage projects can vary significantly, encompassing traditional project finance structures, public and private equity investments, debt financing, and innovative mechanisms like green bonds and public-private partnerships. [pdf]
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Separately, the target for energy storage deployment will more than between 2025 and 2030, with 9.2GW expected in 2025 and nearly 19GW in 2030. An ambitious target for the country where energy storage has yet to soar— due to a lack of regulation for the technology —at a similar level to solar PV. [pdf]
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