(Hong Kong, March 17, 2025) CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Caofeidian 6-4 Oilfield Comprehensive Adjustment Project and Wenchang 19-1 Oilfield Phase II Project have commenced production. [pdf]
Georgia Power announced today that construction is underway on 765-megawatts (MW) of new battery energy storage systems (BESS) strategically located across Georgia in Bibb, Lowndes, Floyd and Cherokee counties. [pdf]
Neom's utility subsidiary, Enowa, is expected to issue the request for proposals (RFP) for a contract to develop and operate the first phase of Neom's pumped hydropower storage (PHS) network in the fourth quarter of 2024. [pdf]
Latest Energy Storage RFPs, bids and solicitations. Bid on readily available Energy Storage contracts with the best and most comprehensive government procurement platform, since 2002. Bidding for Energy Storage RFPs is extremely lucrative for companies of all sizes. [pdf]
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China: The 800-pound panda in the room, leading with flow battery installations and the world's largest solar-plus-storage project in Qinghai Province. South Korea: Betting big on lithium-ion battery megafactories —Samsung SDI's 15 GWh facility in Ulsan could power 1.5 million homes daily. [pdf]
The project includes a planned construction of a 350MW/1750MWh compressed air energy storage facility and a 6MW/1.5MWh flywheel hybrid energy storage power peak-shaving and frequency-regulating station, with a compression duration of 7 hours and a power generation duration of 5 hours. [pdf]
The country's National Secretary of Energy and the state-owned power transmission company Empresa de Transmisión Eléctrica SA (ETESA) are seeking 500 MW of renewables and energy storage capacity, for which the bidding will be held in the second quarter of this year following a formal publication of application in February. [pdf]
The Thai government offers various incentives for renewable energy projects, including tax exemptions, import duty exemptions, Feed-in Tariffs (FiT) that guarantee fixed prices for renewable energy, and low-interest loans. [pdf]
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The project consists of six 2.5MW distributed wind turbines and an energy storage system that will allow for peak shaving, helping Hengli achieve its renewable energy integration targets, to generate 45 million kWh of green energy every year. [pdf]
Compressed Air Storage Capex: BloombergNEF (BNEF) data from 2023-2024 highlights compressed air storage costs around $293 per kilowatt-hour (kWh) of capacity in global averages, with some variation by geography and project scale. [pdf]
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