Ukraine is home to 9,323 energy companies, from 6,852 small businesses with 1 to 4 employees, to 2,017 medium-sized firms with 5 to 99 employees, and 162 large companies with over 100 employees. Additionally, 2,189 companies in Ukraine are part of larger corporate groups as subsidiaries. [pdf]
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Greece has seen the emergence of new energy storage initiatives, with seven companies winning government support for 11 standalone battery projects in the recent energy storage auction, totaling 300 MW of new battery storage capacity2. This is part of Greece's broader efforts to enhance its energy storage capabilities and support the transition to renewable energy sources. [pdf]
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Here are some new energy companies investing in energy storage:NextEra Energy, Inc.: A leading renewable energy company focusing on solar and wind energy, actively investing in energy storage solutions1.Brookfield Renewable Partners L.P.: This company is involved in renewable power generation and is expanding its energy storage capabilities1.Enphase Energy, Inc.: Known for its solar energy solutions, Enphase is also investing in energy storage technologies1.Tesla: A major player in the energy storage market with its Powerwall and other battery storage solutions3.General Electric (GE): Actively involved in energy storage technologies, contributing to the renewable energy sector2. [pdf]
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Sri Lanka is making significant strides in photovoltaic energy storage:The government has initiated a 70MW solar tender scheme and entered into a power purchase agreement for a major solar and storage project with Australia's United Solar Group1.Hayleys Solar has successfully commissioned Sri Lanka's largest non-government-funded battery energy storage system, powered by solar PV technology2.An Australian firm has secured approval for a $1.72 billion investment in a 700 MW floating solar and 1.5 GWh storage project3.The Asian Development Bank is supporting the upgrade of Sri Lanka's grid infrastructure to facilitate more solar PV and wind investments4.Energy storage technologies are crucial for integrating variable energy sources into the grid, addressing energy prices, and enhancing energy independence5. [pdf]
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KUALA LUMPUR (Jan 26): Tenaga Nasional Bhd will kick-start a 400 megawatt-hour (MWh) battery energy storage system (BESS) pilot project in this quarter, marking Malaysia’s first utility-scale battery storage project to address intermittency issues of renewable energy (RE). [pdf]
In Papua New Guinea, there are several ongoing projects related to battery energy storage:A solar and battery energy storage system (BESS) minigrid is being constructed on the island of Buka, which aims to enhance energy access in the region2.Gelion, an Australian company, is set to deliver 100 MWh of energy storage to Mayur Renewables for clean energy projects in Papua New Guinea, indicating a significant investment in battery technology4.These initiatives reflect a growing focus on renewable energy and battery storage solutions in the country. [pdf]
Turkey-based developer and IPP Fortis Energy has acquired a solar and battery energy storage system (BESS) project in Serbia. The company plans to begin construction at the project, in Sremska Mitrovica, west of Belgrade, in 2025. [pdf]
This project is the first solar power generation project with battery energy storage system in Mongolia attached, which was awarded to the JGC Group in consortium with NGK Insulators (Japan) and MCS International (Mongolia) 2021 for the Ministry of Energy of Mongolia. [pdf]
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ROTTERDAM, Netherlands – 4 February 2025 – S4 Energy, Rotterdam-based leader in European grid-scale storage, has operationalized its state-of-the-art 4-hour Battery Energy Storage System (BESS), the first of its kind in the Netherlands. [pdf]
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