In Short : The UAE President has witnessed the launch of the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi. This groundbreaking initiative aims to provide continuous renewable energy, enhancing energy security and sustainability. The project showcases the UAE’s commitment to advancing clean energy technologies and reducing carbon emissions on […]
In Short : The government is set to mandate the inclusion of battery storage systems in renewable power projects to ensure a stable and reliable energy supply. This move aims to address the intermittent nature of renewable energy sources like solar and wind, allowing for the storage of excess power during peak production and its […]
In Short : A report suggests that for India to avoid adding new coal capacity, the costs of battery storage must decrease by 15% annually. This reduction is essential to make renewable energy sources more competitive with coal, ensuring a sustainable energy transition. Without such a drop, reliance on coal may persist, hindering India’s clean […]
Greece’s delayed maiden tender for standalone battery energy storage capacity will offer 400 MW and will commence by June 15, Energypress reported on Tuesday, citing unnamed sources. The competition will allocate some EUR 200 million (USD 215m) in funding from Greece’s Recovery and Resilience Facility. With bids planned to be accepted by early July, the […]
India and China to focus on Pumped Storage projects based on the cost competitiveness of solar and wind power with battery storage The world’s top energy guzzlers — India and China — will increase the use of pumped storage solutions in their power mix compared to other Asia-Pacific (APAC) countries such as Japan. “We expect […]
The renewable energy thrust of the last ten years also means a projected battery storage requirement in 2031-32 of between 51 GW to 84GW and assumes a daily usage rate of 5-hours. A new blueprint for the country’s power sector planners – the National Electricity Plan for 2022-27 – marks a discernible reversal in the […]
The launch of Greece’s first tender for battery energy storage capacity has been pushed back to the second quarter and is expected to take place in late June, Energypress reports. The competition will be the first of two rounds through which the state will seek to allocate some EUR 200 million (USD 219m) in funding […]
South Africa’s Department of Mineral Resource and Energy (DMRE) is seeking to award five battery energy storage projects totalling 513 MW in a tender to be open until the start of July. DMRE last week launched a request for proposals (RFP) that invites bids under the Battery Energy Storage Capacity Bid Window of the country’s […]