China's first megawatt-level iron-chromium flow battery energy storage project, located in North China's Inner Mongolia autonomous region, is currently under construction and about to be put into commercial use, said its operator State Power Investment Corp. [pdf]
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The global battery industry has been gaining momentum over the last few years, and investments in battery storage and power grids surpassed 450 billion U.S. dollars in 2024. Find the latest statistics and facts on energy storage. [pdf]
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In the context of achieving the dual carbon goal, pumped storage technology has been given high hopes. Small and medium-sized pumped storage power stations have flexible site selection, do not involve ecological re. [pdf]
This Energy Storage Best Practice Guide (Guide or BPGs) covers eight key aspect areas of an energy storage project proposal, including Project Development, Engineering, Project Economics, Technical Performance, Construction, Operation, Risk Management, and Codes and Standards. [pdf]
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The most viable path to alleviate the Global Climate Change is the substitution of fossil fuel power plants for electricity generation with renewable energy units. This substitution requires the development of very larg. [pdf]
A project in China, claimed as the largest flywheel energy storage system in the world, has been connected to the grid. The first flywheel unit of the Dinglun Flywheel Energy Storage Power Station in Changzhi City, Shanxi Province, was connected by project owner Shenzen Energy Group recently. [pdf]
The country aims to achieve more than 180 million kilowatts of installed new-type energy storage capacity by 2027, which is expected to drive approximately 250 billion yuan (about 35.2 billion U.S. dollars) in direct project investment, according to the plan jointly released by the National Development and Reform Commission and the National Energy Administration. [pdf]
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Significant players active in energy storage projects include: (1) Tesla, a leader in battery technology, invests significantly in storage solutions, (2) Siemens, focusing on large-scale grid storage systems, (3) NextEra Energy, which allocates resources to renewable energy storage, and (4) LG Chem, enhancing lithium-ion battery production aimed at various applications. [pdf]
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With the Panama Canal expansion requiring 30% more power by 2026 and tropical storms becoming 40% more frequent since 2020, the city's energy infrastructure is reaching its breaking point..
With the Panama Canal expansion requiring 30% more power by 2026 and tropical storms becoming 40% more frequent since 2020, the city's energy infrastructure is reaching its breaking point..
Panama has launched a 500MW tender auction for renewables and energy storage, the first in Central America to include storage. The bidding process – held by the national secretary of energy and state-owned electricity transmission company, Empresa de Transmisión Eléctrica SA (ETESA) – is seeking. .
With Panama aiming to hit 30% renewable energy by 2030 [2], this contest isn’t just local news – it’s become the World Cup of energy innovation. Who’s Watching This High-Voltage Drama? Panama’s tropical climate eats regular batteries for breakfast – the 85% humidity here makes most lithium-ion. [pdf]
North Macedonia, which has been attracting investments in battery factories, is in talks on a project worth up to EUR 360 million, according to Prime Minister Hristijan Mickoski. In addition, Hydrogen Utopia intends to build a plant for the production of hydrogen from waste plastics. [pdf]
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