In December, PowerChina''s 2025-2026 energy storage system procurement, which sought 16 GWh of BESS, saw bids ranging from $60.5/kWh to $82/kWh, averaging $66.3/kWh.
The tender for the design, manufacture, installation and 20-year operations & maintenance (O&M) of battery energy storage systems (BESS) for Power China''s 2025-2026 projects was announced on 13
🚨 Malaysia''s BESS Tender — What Price Should We Expect? ⚡🇲🇾 As China pushes BESS prices to historic lows (<USD $70/kWh), the question arises: What will Malaysia''s pricing look
Battery energy storage systems (BESS) are revolutionising the green energy industry with their potential to harness and utilise renewable energy sources more efficiently. BESS offers not only environmental benefits but also lucrative
BNEF modelled forecast scenarios reflecting both that planned 2026 rise in Section 301 tariffs, as well as a potential extra 10% hike on top, and a more extreme outlook reflecting a 60% tariff rate being placed on battery racks
The rapid growth rate of energy storage in the MENA region, led by the GCC, is surprising many analysts. Saudi Arabia, in particular, is set to be the third biggest global BESS market after the USA and China in 2026.
Public procurements in China continue to demonstrate exceptionally low price levels for lithium-ion phosphate (LFP) battery energy storage systems (BESS). In the latest tender, more than 80% of
The energy storage industry in China has experienced rapid growth over the past decade, driven by the country''s increasing focus on renewable energy and its efforts to
The Ministry of Energy Transition and Water Transformation (PETRA), through the Energy Commission (EC), has launched an open bidding program for the acquisition of Battery Energy Storage System (BESS) capacity
Principal buyer Saudi Power Procurement Company (SPPC) has prequalified firms that can participate in the tender for the first phase of its independent battery energy storage system
In the latest tender, more than 80% of bidders quoted prices below CNY 0.5/Wh ($69/kWh), highlighting the fierce competition in the world''s biggest BESS market.
India will add 1.8 GWh of BESS in 2025. Battery Energy Storage System sector to grow over 375 times the current capacity by FY 2032.
BESS dominates new capacity in latest Capacity Market auctions as the now confirmed MACSE shapes market dynamics, with CM marginal price equal to 47€/kW.
The latest announcement is the second gigawatt-scale BESS supply deal in the Philippines within days. In what was touted as the largest BESS supply agreement in Southeast Asia to date, China''s Sungrow agreed to
That larger increase is primarily down to new tariffs imposed by the US on battery products from China, which CEA previously said would increase BESS prices by 11-16%. However, the firm''s chart implies the price
This 16GWh PowerChina tender is reported to have attracted 76 bidders, with 60 of them below $68.4/kWh, signaling competitive pricing trends in China''s energy storage market.
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
The Power Construction Corporation of #China drew 76 bidders for its tender of 16 GWh of lithium iron phosphate (#LFP) battery energy storage systems (#BESS), according to reports. Bids
The programme is broken into four projects with a capacity of 100mw/400mwh each and includes the design, installation and operation of BESS at various sites in Peninsular Malaysia. Each project must start operations by
According to local news reports, the tender attracted 76 bidders with quoted prices ranging from US$60-82 per kWh, averaging US$66.3 per kWh. Based on the 16GWh
RECPDCL is interested in participating in various bids for Battery Energy Storage Systems (BESS) projects floated by Central and State Agencies for which RECPDCL will tie-up with
近日,中国电力建设集团（Power China）完成了一项16GWh电池储（BESS）供应招标。 根据SP分析师的报告,招标价格在市场份额及国有企业购买力增强的背
On December 4, Power Construction Corporation of China (PowerChina) opened bids for its 2025-2026 energy storage system equipment procurement project, with an
In parallel, BESS is experiencing substantial ongoing price deflation, propelled by China''s manufacturing scaling-up, commodity price deflation and rapid technology advancement,
China-headquartered Sungrow provided the BESS units for this project in Texas, US. Image: Revolution BESS / Spearmint Energy. After coming down last year, the cost of
Principal buyer Saudi Power Procurement Company (SPPC) has prequalified firms that can participate in the tender for the first phase of its independent battery energy storage system (bess) projects in Saudi Arabia. Interested companies,
PowerChina receives bids for 16 GWh BESS tender with average price of $66.3/kWh: While the rest of the world celebrates BESS prices nearing $100 per kWh, developers in mainland China
In the latest tender, more than 80% of bidders quoted prices below CNY 0.5/Wh ($69/kWh), highlighting the fierce competition in the world''s biggest BESS market.
Malaysia tendering out BESS projects totalling 400MW with COD from 2026. PETRA, through Energy Commission of Malaysia (Suruhanjaya Tenaga (Energy Commission), have invited RFQ for the upcoming
In terms of BESS infrastructure and its development timeline, China''s BESS market really saw take of only recently, in 2022, when according to the National Energy Administration (China)
That means it’s fully within China’s purchasing power parity advantage sphere, where everything costs 40% less than in the west. That means zero tariffs. These domestic price points for BESS in China have some implications for the world that are worth exploring.
BloombergNEF recently noted a global average price for BESS (without PCS or EMS) of US$125 per kWh, for example. Kubik suggested the tender’s requirements implied it covered an AC block solution. Energy-Storage.news looked at the move towards PCS-integrated AC blocks in a recent article (Premium access).
In January, CGN New Energy procured 4.5 GWh of grid-forming BESS and 6 GWh of grid-following BESS. In the first group, the bids averaged CNY 0.6067/Wh ($84/kWh), while in the second one the average was CNY 0.489/Wh ($67/kWh).
Basically the sigmoid of cost curve reduction had reached its shift in the curve to flattening again. And now LFP BESS are coming in at an average of $66 per kWh. Of course, that’s in China.
