Latest Insights
Latvia introduces container energy storage project
Tārgale, Latvia — On November 1, 2024, Tārgale Wind Park held its grand opening, unveiling Latvia’s first major energy storage facility. Hoymiles, as a key technology supplier, played a pivotal role in the project.Read More Download files
Equatorial Guinea solar photovoltaic plant energy storage project construction
Guinea Solar Power Co SAU will oversee the construction and operation of the solar power plant, with completion expected within 18 months. The project boasts a capital expenditure of $123 million.Read More Download files
Canada Valley Power Energy Storage Project
The proposed Project is a lithium-ion battery energy storage system connected to Hydro One Network Inc.’s existing transmission electrical infrastructure. The Project is proposed to have a Nameplate Capacity of up to 300 megawatts (“ MW ”) and will have a 4 hour duration capacity.Read More Download files
150MW lithium battery energy storage project
The 150 MW/600 MWh battery project is currently under construction and expects to begin operations in 2026. Capacity: 150 MW/600 MWh using long-duration lithium-ion Location: Rockingham County, VA (In PJM territory) Status: Under Construction Financial Close: US$242 millionRead More Download files
Albania Liquid Flow Energy Storage Project
Albanian state-owned power utility KESH is discussing a pumped storage hydropower project with the EBRD. Pumps would be added between the Fierza and Koman reservoirs. The system would be used for transporting water uphill when electricity demand is lower and release it through turbines when needed.Read More Download files
Mexico Smart Grid Energy Storage Project
This transformation involves balancing state oversight with private investment to modernize the grid, integrate Battery Energy Storage Systems (BESS), also known as Sistemas de Almacenamiento de Energía Eléctrica (SAE), and deploy 27 gigawatts (GW) of renewables over the next five years.Read More Download files
Egypt Outdoor Energy Storage Project
The project is located in the Kom Ombo area of Aswan, Egypt, and was built as an expansion of an existing 500 MW PV power plant. The energy storage station has a capacity of 150 MW/300 MWh and consists of 72 battery containers, 36 PCS-integrated units, and an intelligent control system.Read More Download files
Burundi Energy Storage Battery Project
This new initiative is poised to transform the energy landscape in Burundi by focusing on the development of solar mini-grids and battery storage systems. Such advancements are particularly crucial for delivering electricity to healthcare facilities, which play a vital role in the country’s welfare.Read More Download files
Botswana wind power project supporting energy storage
This new World Bank project will finance the necessary grid investment and Botswana’s first 50MW utility-scale battery energy storage system to enable the first wave of renewable energy generation to be smoothly integrated and managed in the grid.Read More Download files
Ethiopia New Energy Storage Project
In December 2024, BOS Balance of Storage Systems AG successfully completed a pioneering electrification project in Ethiopia. As a result, five previously off-grid communities are now benefiting sustainably from reliable and clean energy.Read More Download files
Saudi Arabia develops energy storage battery project
BYD Energy Storage and Saudi Electricity Company (SEC) have signed a contract to deliver the world’s largest grid-scale energy storage project totalling 12.5GWh. This milestone supports Saudi Arabia’s Vision 2030, which targets 50% renewable energy in the national mix by the end of the decade.Read More Download files
Finland Energy Storage Battery Project
Developed by Finnish Firm Polar Night Energy – which also built the world's first commercial sand battery a few years ago – this battery is about 42 ft (13 m) tall and 50 ft (15 m) wide. It serves as a storage medium for up to 100 MWh, with a round trip efficiency of 90%.Read More Download files
Mongolia s energy storage project subsidies
Announced during the World Economic Forum in Davos taking place from 20 January to 25 January 2025, the EBRD will support Mongolia in developing solar, wind and energy storage projects through auctions.Read More Download files
