VFlowTech''s team. The company raised its investment from new and existing backers, including VC firm Granite Asia. Image: VFlowTech. Vanadium redox flow battery
An infographic showing the potential layout of the renewable energy additions to the gas plant. Image: EDP España. Portugal-based utility EDP has received clearance to
A render of the BESS project. Image: ORIX Corporation / PR Times. Tesla and Sumitomo Electric have both been selected to supply energy storage projects in Japan. Tesla
Half of the awarded BESS projects were won by the five largest energy companies in Hungary, she added. The vast majority of bidders were lithium-ion projects with one vanadium redox flow battery (VRFB) also taking
Energy storage is a process by which energy created at one time is preserved for use at another time, with a focus on electrical energy Electrical energy by its very nature cannot be stored in
The project will deploy 20 sets of Jinko ESS G2 5MWh liquid-cooled energy storage systems (configured for four-hour long-duration storage), distributed across 20 distinct
The 1.5MW/6MWh all- vanadium redox flow battery energy storage battery module supporting the EPC project (No.: LYHB-2023-ZB-WZ-084). The total winning bid price
The future of long-duration energy storage is looking brighter than ever, with vanadium redox flow batteries (VRFBs) set to play a crucial role. According to recent
Delectrik Systems Pvt. Ltd. has bagged a tender from NTPC for its NETRA division (NTPC Energy Technology Research Alliance) to deploy a 3 MWh Vanadium Redox
The Regulatory Authority for Energy (RAE) of Greece revealed the shortlist of successful bidders in the second round of its auction for energy storage, totalling 1.5GW/3.1GWh of projects, last week (8 February).
Source: VRFB-Battery WeChat, 13 March 2025 Dalian Rongke Power Co., Ltd. (Rongke Power) has successfully won the bid, in partnership with China Power Construction
This enables operators to extend electrolyte lifespan beyond 20 years—critical for utilities planning 30-year energy storage assets. Australia''s first grid-scale VRFB project in
Bids in the tender round were priced at between EUR 33,948 per MW and EUR 64,122 per MW, with the weighted average price of the successful proposals standing at EUR 49,748 per MW annually.
"Storion Energy''s competitive VRFB pricing model is expected to challenge the dominance of lithium for utility-scale deployments, increase the adoption of this technology and
California''s largest VRFB project to date, supplied by Japan''s Sumitomo Electric Industries (SEI), has been participating in wholesale market opportunities since 2018. Image: SDG&E / Ted Walton. Four new grid-scale
A list of twelve energy-storage projects that won the bidding in an auction staged by the Regulatory Authority for Waste, Energy and Water (RAAEY), are being promoted by a
Greece''s energy storage auction program awards contracts-for-difference (CfD) over periods of 10 years. The submitted bids were capped at €115,000/MW per year, with the lowest successful
Greece''s Regulatory Authority (RAE) has selected 48 projects with a combined capacity of over 1.5 GW as provisional winners in its second tender for battery energy storage
NTPC has invited bids for the commissioning and integration of a 600 KW/ 3,000 KWh Vanadium Redox Flow Battery (VRFB) system for long-duration energy storage (LDES) at NTPC Energy Technology Research
Discover Sumitomo Electric''s advanced Vanadium Redox Flow Battery (VRFB) technology - a sustainable energy storage solution designed for grid-scale applications. Our innovative VRFB
VRB Energy is the manufacturer of products including a 50kW vanadium flow battery cell stack and a 1MW VRFB power module. VRB Energy currently has around 50MW of
NTPC Calls for Bids on VRFB Storage System at its NETRA Facility in Greater Noida This project involves a 600 kW/3000 kWh VRFB system, and the bidding process will
Sumitomo Electric''s utility-scale vanadium redox flow battery energy storage system. Photo by Dylan Cutler, NREL NREL collaborated with Sumitomo Electric to provide
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone storage projects under three
Greece has registered lower than expected interest in its third tender for battery energy storage systems (BESS), which still attracted bids from all major players in the
Grid-Scale Energy Storage Systems Our grid-scale energy storage systems provide flexible, long-duration energy with proven high performance. Systems start at 100kW / 400kWh and can be 100MW and larger, typically of 4 to 8
Last week, Greece''s Regulatory Authority for Energy had announced 48 provisional projects in the country''s second energy storage auction, totaling 1.5 GW/3.1 GWh. In this round, the average winning bid is
Half of the awarded BESS projects were won by the five largest energy companies in Hungary, she added. The vast majority of bidders were lithium-ion projects with
Welcome to Rongke Power. Discover our world-leading vanadium flow battery with unmatched efficiency, sustainability, and reliability. Explore key features and applications of our advanced energy solutions.
Schematic design of a vanadium redox flow battery system [5] 1 MW 4 MWh containerized vanadium flow battery owned by Avista Utilities and manufactured by UniEnergy Technologies A vanadium redox flow battery located at the
The first two auctions concerned projects installed anywhere in Greece, while the third auction involved projects developed in former coal mining regions. The average subsidy price in the third auction exercise came at
China''s energy storage policy is advanced and ambitious, with local governments often surpassing national goals. Under the 13th Five-Year Plan (FYP) 2016-2020, a demonstration
Home » News » Renewables » Greece awards 188.9 MW for subsidized battery storage in final auction Greece's third energy storage auction has been completed, with nine projects selected and a capacity of 188.9 MW.
The Greek Regulatory Authority for Energy has confirmed that 411.8 MW of projects have been awarded in the country’s first standalone battery energy storage system (BESS) tender, which has attracted huge interest among developers. Investment and operating aid will be granted to 12 projects put forward by seven proponents.
Investors will be expected to submit progress reports every three months to ensure timely construction. Greece’s first energy storage tender took place last year. It awarded 12 energy storage projects, or 411,79 ΜW of capacity, with an average price of €49,748/MW per year.
This second auction comes after the initial round of auctions in August 2023, when 12 projects totaling 411 MW were awarded at an average annual cost of €49.748 per MW. Another round is planned for April 2025, with the goal of allocating an additional 300 MW. These tenders are part of the country’s 1 GW energy storage auction program.
In the latest bidding, nine projects with a four-hour storage duration have been selected for a total capacity of 188.9 MW. HELLENiQ Renewables and government-controlled Public Power Corp. (PPC) were the biggest winners, with two plants of 25 MW and one 50 MW plant, respectively.
Most of the successful bids came from Greek companies, including Terna, which won a 40 MW project plus a separate 12 MW installation under its Heron subsidiary. Motor Oil also won CfDs for three projects totaling 72 MW, CNI secured two 25 MW projects, Bat Solar won a 49,9 MW project.
