Mexico''s new 30% battery storage mandate is set to transform the renewable energy sector. Learn how this policy impacts grid stability, private investment, and the future of
This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price
Mexico''s energy sector is undergoing a major transformation, with energy storage playing a crucial role in its future. The newly established regulatory framework sets the
The 2025-2030 National Development Plan, published April 15, outlines the Mexican government''s roadmap for the next five years, with a priority focus on energy security
The Department has launched the third bid round under the Battery Energy Storage Independent Power Producers Procurement Programme (BESIPPPP), calling for 616 MW of new generation capacity will be procured
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie and the ACP, energy storage installations surpassed 12GW in 2024.
Updated February 06,2024 The world shipped 196.7 GWhof energy-storage cells in 2023,with utility-scale and C&I energy storage projects accounting for 168.5 GWh and 28.1
To meet California''s goal of using renewable energy and zero-carbon resources to supply 100 percent of electric retail sales in the state by 2045, the California ISO projects the
WASHINGTON, D.C., April 29, 2025 – Today the American Clean Power Association (ACP), on behalf of the U.S. energy storage industry, announced a historic commitment to invest $100 billion into building and buying American
With Mexico''s imperative is to substitute imports from China, there should be an increase in demand for industrial space to accommodate this supply chain relocation, coming from either
As international companies and domestic participants recognize the potential return on investment, we anticipate significant growth in energy storage projects, research, and
Two major areas of international trade that will remain causes of concern for energy storage projects are the application of tariffs and supply chain integrity. While it remains
FIRST TWO GRID-SCALE IPP BATTERY ENERGY STORAGE PROJECTS IN SOUTH AFRICA REACH COMMERCIAL CLOSE The Minister of Electricity and Energy, Hon. Dr. Kgosientsho
The average bid price in June reached 1.12 yuan per Wh, marking the lowest price point this year. Specifically, the average bid price for energy storage system equipment
IRENA also released an Innovation Outlook on Thermal Energy Storage, further supporting advancements in this critical area. A strong outlook for 2025 In summary, the energy storage market in 2025 will be shaped by
While the energy storage market continues to rapidly expand, fueled by record-low battery costs and robust policy support, challenges still loom on the horizon—tariffs, shifting tax incentives, and supply chain uncertainties
For example, each component of a battery energy storage system contributes points under the 2025-08 IRS Notice, which helps projects meet the domestic content
Key Findings Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie and the ACP, energy storage installations surpassed 12GW in 2024.
The Mexican Government has presented the Plan for the Strengthening and Expansion of the National Electric System 2025-2030 of the state-owned Federal Electricity Commission (CFE). The plan expects includes
Looking ahead: Keys to success Several factors will define the energy storage market in 2025: the continued dominance of LFP chemistry and its downward impact on
Search all the announced and upcoming battery energy storage system (BESS) projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Mexico with our comprehensive
Mexico: Electricity generation in the Energy market in Mexico is projected to reach 445.60bn kWh in 2025. Definition: The energy market is a broad term that encompasses all forms of energy
Figure 3: Installed capacity of new energy storage projects newly commissioned in China (2023.H1) In the first half of the year, the capacity of domestic energy storage system which completed procurement process
Tenders will be launched for the development of the projects by the end of April 2025. The investment is expected to bring electricity to more than 500,000 homes and to provide energy to 99% of the population through a
Mexico''s energy sector has unveiled a groundbreaking policy, stirring up the global energy storage market and introducing new variables to its development path. Recently, the Mexican Ministry of Energy announced a new
Energy storage grew in a big way in 2024. Find out what''s in store for 2025 and how developers like Convergent will meet the moment.
The U.S. Department of the Treasury released additional guidance on the Inflation Reduction Act''s domestic content tax credit bonus for solar and battery energy storage
Content Owned by MINISTRY OF NEW AND RENEWABLE ENERGY Developed and hosted by National Informatics Centre, Ministry of Electronics & Information Technology,
Domestic large-scale energy storage: As of this week, the bidding volume for energy storage projects in August has reached 57.8% and 69.1% of the totals in July. The
Two major areas of international trade that will remain causes of concern for energy storage projects are the application of tariffs and supply chain integrity. While it remains to be seen what the US administration might impose
Project 2025 highlights the need to align LNG export strategies with national security goals while ensuring that domestic energy remains affordable. It critiques current regulatory barriers for delaying export approvals
