Hydro is set to construct a new pumped storage power plant in Luster Municipality, Norway. Construction is expected to commence in 2025, with operations anticipated to begin in 2028 or 2029. The total investment for the project is estimated at around NOK1.2bn ($110m). [pdf]
[FAQS about Norway s new energy storage power station]
The project, owned and operated by AES Distributed Energy, consists of a 28 MW solar photovoltaic (PV) and a 100 MWh five-hour duration energy storage system. AES designed the unique DC-coupled solution, dubbed “the PV Peaker Plant,” to fully integrate PV and storage as a power plant. [pdf]
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A good portion of energy storage technology is still relatively new as the energy industry adapts to the energy transition. While the industry should be lauded for adopting resiliency measures like energy storage, there are still gaps and little to no firm understanding of long-term reliability. [pdf]
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The Middle East and North Africa (MENA) region is not just adopting energy storage; it’s innovating. Technologies such as pumped hydro storage (PHS) and electrochemical energy storage are gaining traction 2. [pdf]
[FAQS about What are the new energy storage power stations in the Middle East ]
Paris, January 10, 2023 – Saft, a subsidiary of TotalEnergies, has been awarded a major contract by Meridian Energy to construct New Zealand’s first large-scale grid-connected BESS. [pdf]
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DTEK, Ukraine’s largest private energy company, has selected Fluence Energy B.V., a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) (“Fluence”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, to supply Ukraine’s first large-scale battery-based energy storage portfolio. [pdf]
Here are some new energy storage equipment options available in 2025:PowerStack 255CS: Launched by Sungrow, this next-generation energy storage system is designed for commercial and industrial applications, focusing on efficiency, safety, and convenience1.Emerging Startups: Six innovative startups are revolutionizing the energy storage industry, focusing on technologies like iron-air batteries, thermal storage, and compressed-air storage, which may offer small-scale solutions2.Industry Insights: Various energy storage system suppliers have shared their latest innovations, including compact and efficient systems suitable for small-scale applications3.These advancements are shaping the future of energy storage, particularly for small businesses and residential use. [pdf]
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The Energy Market Regulatory Authority (EMRA) approved a 35-gigawatt-hour (GWh) capacity allocation for grid-scale storage projects, with an estimated investment of $10 billion. Timeline: Energy storage investments will gain speed by the first quarter of 2025, with systems operational by early 2026. [pdf]
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Here are some new energy storage projects in North America:Over 300 utility-scale battery storage projects are expected to come online in the U.S. by 2025, with significant installations in Texas and California1.Jupiter Power has secured $286 million for two standalone utility-scale battery energy storage systems in Michigan and Texas, with a combined capacity of 300 MW/800 MWh, set to begin operations in 20252.These projects reflect the growing investment in energy storage solutions across the region. [pdf]
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