The results of Bulgaria''s latest independent energy storage tender are out, and nearly 1GWh of energy storage projects need to be put into operation in 2026! 2025-05-06
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains
The Naval Nuclear Laboratory (NNL), operated by Fluor Marine Propulsion LLC (FMP) for the Department of Energy, is soliciting proposals for the development of a lithium-ion
A battery energy storage system (BESS) described as the largest deployed to date in the European Union (EU) has been commissioned in Bulgaria. Officials with the country''s Ministry of Energy said
Lithium, one of the main materials used in lithium-ion batteries, has seen outrageous price volatility in the recent past. It is likely to do so again in 2025 based on a mix
The Bulgaria Battery Energy Storage Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 0.00% in 2025 and reaches 0.01% by 2029.
Summary Of LIPA''s 2021 Bulk Energy Storage (BESS) RFP 175 MW (or more) storage procurement for 2025 commercial operation, which was the required in-service date in
As Europe races toward climate neutrality, Bulgaria''s surge in storage capacity signals a shift not only in national priorities but also in regional energy dynamics.
The 2024 ATB represents cost and performance for battery storage with durations of 2, 4, 6, 8, and 10 hours. It represents lithium-ion batteries (LIBs)—primarily those with nickel manganese
The rapidly evolving landscape of utility-scale energy storage systems has reached a critical turning point, with costs plummeting by 89% over the past decade. This dramatic shift transforms the economics of grid-scale
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
The bid price for an energy storage project is determined by various factors, encompassing 1. project specifications, 2. regional market conditions, 3. technolo
NY-BEST State of Charge - January 2025 2025 is sure to be another exciting year for energy storage in New York State as NY-BEST celebrates our fifteenth year as an
The second quarter of 2025 brought more downward pressure for lithium prices, as values for lithium carbonate continued to contract, slipping to their lowest level since January 2021. After
6Wresearch actively monitors the Bulgaria Residential Lithium Ion Battery Energy Storage Systems Market and publishes its comprehensive annual report, highlighting emerging trends,
Some 151 project bids for support were submitted for the scheme, which will provide up to 1.154 billion BGN (€590 million/US$540 million) for up to 50% of the construction costs of 3.1GWh of standalone energy
Hithium and SolarPro executives on the day of the agreement being signed. Image: Hithium / SolarPro. Lithium-ion battery manufacturer Hithium will provide 55MWh of battery products for a solar-plus-storage project being
A South African investor opened a battery factory in Rousse last year Bulgaria is relying heavily on battery technology and energy storage overall in its energy transition.
Lithium battery oversupply, low prices seen through 2028 despite energy storage boom: CEA Despite falling raw material costs and U.S. policy support, North American battery suppliers are delaying
Bulgaria earmarked EUR 589 million for the endeavor, funded under the European Union''s Recovery and Resilience Facility. The Ministry of Energy in Sofia plans to launch a tender on September 2 for standalone
REDMOND, Ore., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) ("Expion360" or the "Company"), an industry leader in lithium iron phosphate battery power
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains uncertain.
Recently, LEOCH has won the bid for a world-class telecom infrastructure provider ''s Integrated Backup & Energy Storage Project. Initiated in 2024 and finalized in
Research firm Fastmarkets recently forecast that average lithium-ion battery pack prices using lithium iron phosphate (LFP) cells will fall to US$100/kWh by 2025, with nickel manganese cobalt (NMC) hitting the same
2023 BNEF global average 2024 2024 Mainland China China year-to-date year-to-date Source: BloombergNEF, ICC Battery. Note: 2023 price from BNEF''s Lithium-ion Battery Price Survey.
The successful bid in Bulgaria not only underscores Sermatec''s growing competitiveness in the international market but also highlights a broader trend in energy cooperation between China
Largest battery energy storage project in operation (Yicai) July 1 -- China Datang said the first phase of its sodium-ion battery new-type energy storage power station project in Qianjiang,
eployment of renewables and energy storage solutions. These schemes benefit storage systems by allowing hem to generate revenue in capacity and spot markets. While Japan''s batery
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 bidders
Here and throughout this presentation, unless otherwise indicated, analysis assumes a capital structure consisting of 20% debt at an 8% interest rate and 80% equity at a 12% cost of equity.
Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for
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 battery energy storage system in Bulgaria will be the first joint project of stationary battery manufacturer Hithium and Solarpro, which is part of Renalfa Solarpro Group. The deal marks the start of a strategic partnership,
