The first quarter of 2025 was the second best on record for investment in large-scale Battery Energy Storage Systems (BESS) in Australia, with six projects worth $2.4 billion in total reaching the financial commitment stage – delivering an extra 1.5 GW in storage capacity and 5 GWh in energy output, according to new figures released by the Clean Energy Council today. [pdf]
[FAQS about Australian Energy Storage Battery Project Budget]
The project, considered the world's largest solar-storage project, will install 3.5GW of solar photovoltaic capacity and a 4.5GWh battery storage system. The project has commenced in November 2024. [pdf]
A consortium of development finance institutions led by the Asian Development Bank (ADB) and IPP Gulf have signed a US$820 million loan agreement for a solar and storage portfolio in Thailand, they announced today (28 November). [pdf]
The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product/service types, and leading applications of the product. Besides, the report offers insights int. [pdf]
[FAQS about Flywheel energy storage project investment returns]
In an announcement released on March 7, 2025, the executive arm of the European Union said that the Czech scheme will support the installation of at least 1.5 GWh of new electricity storage facilities. [pdf]
[FAQS about Czech photovoltaic energy storage system project]
Huawei Digital Power Sub-Saharan Africa FusionSolar recently brought together industry partners and key stakeholders from the continent’s Commercial & Industrial (C&I) energy sector to unveil the LUNA2000-215 Series, the world’s first hybrid air- and liquid-cooled C&I energy storage system (ESS), which it highlighted sets a new benchmark for efficiency and performance. [pdf]
Search all the ongoing (work-in-progress) battery energy storage system (BESS) projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Rwanda with our comprehensive online database. [pdf]
The signed Memorandum of Understanding (“MoU”) between Hecate Global Renewables (HGR), Africa50 and the Ministry of Energy outlines a road map towards the development of 100MW renewable energy projects including BESS over two phases to expand the country’s electricity generation and supply infrastructure over the next years. [pdf]
As a cornerstone of SaudiVision2030, the Red Sea project now stands as the world's largest microgrid energystorage project, with a storage capacity of 1.3GWh. Utilizing Huawei’s Smart String ESS solution, this groundbreaking project is redefining renewable energy infrastructure. [pdf]
MUSCAT: A new solar PV based Independent Power Project (IPP), set to come up at Ibri in Al Dhahirah Governorate, is expected to be integrated with utility-scale battery storage in a first for Oman’s rapidly expanding renewable energy sector. [pdf]
Argentina’s first energy storage tender drew 1.347 GW of bids from 15 companies proposing 27 projects, exceeding the 500 MW target and representing more than $1 billion in pledged investment. From ESS News The Argentinian government opened the bids this week for its AlmaGBA tender process. [pdf]
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