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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The planned lithium-ion battery energy storage system (BESS) will have a total capacity of 104 MWh, with an operational capacity of 62 MW. Pomega Energy Storage Technologies, a subsidiary of Turkish company Kontrolmatik Technologies, will install the system under a $19.65 million agreement. [pdf]
The average 2024 price of a BESS 20-foot DC container in the US is expected to come down to US$148/kWh, down from US$180/kWh last year, a similar fall to that seen in 2023, as reported by Energy-Storage.news, when CEA launched a new quarterly BESS pricing monitor. [pdf]
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Turkish renewables company Fortis Energy has contracted Pomega Energy Storage Technologies to install a 62-MW/104-MWh battery at the site of a 80-MWp solar park it operates in North Macedonia. Energy storage battery. Photo by Anna Vasileva [pdf]
Huawei FusionSolar Smart PV+ESS Solutions provide intelligent and collaborative control of PV and ESS to ensure stable off-grid operation with a high PV-to-storage ratio of 2:1, which helps reduce the system LCOE by 30%. [pdf]
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The most visible bearers of this wave are the battery energy storage systems. These electrochemical storages, predominantly lithium-ion batteries, have dominated Asia’s energy storage landscape and find use in grid support services and Electric Vehicles (EVs). [pdf]
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The United Arab Emirates (UAE) has launched the world’s first large-scale round-the-clock gigascale energy storage project in Abu Dhabi, combining solar power and battery storage in a significant development for the country’s energy sector. [pdf]
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Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities. Globally, energy storage deployment increased by 53% last year. [pdf]
As more of Africa’s power is generated via renewable energy, the need for reliable energy storage has become increasingly important for grid resilience and flexibility. This necessitates the mass adoption of energy storage as a balancing asset. [pdf]
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