Fengau Power at the 2024 Solar PV & Energy Storage World Expo Guangzhou

Portugal allocates funding for 500 MW of energy storage

Romania aims to roll out 5 GW of energy storage by end 2026

Romania is aiming to have at least 2.5 GW of energy storage installed by the end of next year and to exeed 5 GW only a year later.

Photovoltaics for cold climate data centers

A Japanese-Finnish research group has assessed the levelized cost of energy of solar power plants supplying electricity to data centers in cold climates and has found that PV electricity could be considerably cheaper than grid electricity, even if used with battery storage.

India’s battery storage capacity hits 219.1 MWh

India’s installed battery storage capacity reached 219.1 MWh at the end of March 2024. A recent Mercom report predicts that the nation will add 1.6 GWh of standalone battery storage and 9.7 GW of renewable projects with storage by 2027.

Europe’s solar, storage markets on stable path, says Sungrow executive

Yang Meng, Sungrow’s director of distribution in Europe, says that despite signs of slowing demand in parts of the residential segment, Europe’s overall solar and storage markets are on a stable path, with potential for growth in the commercial and industrial storage space.

UK’s Harmony Energy to build France’s largest BESS

UK’s Harmony Energy to build France’s largest BESS

Greece readies for next battery storage growth phase

Greece’s energy storage market is hot with a number of new policies paving the way to new applications in the market. The government is now working a new plan, which will allow the colocation of batteries with existing solar plants as well as standalone, in front of the meter battery energy storage systems.

Sungrow secures 7.8 GWh battery storage deal from Saudi Arabia

China’s Sungrow has signed three landmark energy storage contracts with Saudi Arabia’s Algihaz Holding, amounting to the world’s largest grid-side storage order. Each project will have a capacity of 2.6 GWh, totaling 7.8 GWh.

Bulgaria’s battery storage market gears up

Bulgaria has installed between 40 MWh and 50 MWh battery energy storage capacity to date. However, a new national legislation as well as funds provided through the European Union’s Recovery and Resilience Facility could see the country install another 1 GWh over the next two years.

Bulgaria preps 3 GWh standalone energy storage tender

The Bulgarian Ministry of Energy is readying to launch a tender on September 2 and provide Capex support for the construction and commissioning of 3 GWh of standalone energy storage facilities. The public call is for projects equal to or greater than 10 MW with at least two hours of storage capacity, which will be primarily used in the frequency regulation markets.