A graphical representation of the Salvador battery energy storage project in the Atacama Desert in northern Chile. | Image: Mitsubishi Power Three standalone BESS with a total of more than 2.8 MWh of energy
The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28.
Storage project announcements are coming thick and fast as co-location with wind turbines offers cost efficiency and a smoother generation profile. Meanwhile, new capacity
Swiss investment firm SUSI Partners has announced an agreement to fund the development of a battery energy storage portfolio in central-southern Chile through its SUSI
Recently, sodium-ion batteries have garnered significant attention as a potential alternative to lithium-ion batteries. With global giants like CATL and BYD investing in the technology and promising large-scale production, the
A Horizon Europe effort to boost EU battery production is rebooting itself with a new technology strategy and new funding calls in 2025. But it acknowledges the tough
Because sodium is so plentiful and cheap, companies in the space estimate that sodium-ion storage systems could eventually be around 40% less expensive than lithium-ion systems, once manufacturing scales.
The energy storage sodium ion battery market size crossed USD 245.3 million in 2024 and is set to grow at a CAGR of 25.3% from 2025 to 2034, driven by rising demand for safer, thermally
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A German consortium of 15 working groups led by battery supplier Varta has started development of industrial-scale sodium-ion battery technology, as Europe looks to compete with China on
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Sodium batteries are hitting their industrial explosion point in 2025! Discover the breakthroughs driving mass adoption in EVs, energy storage & beyond.
In our view, there is a need for greater collaboration between sponsors developing the batteries, regulators and national policymakers setting renewable targets, and the financing community
The project in Yunnan, China. Image: HiNa Battery. A 200MW/400MWh BESS project in China combining lithium-ion and sodium-ion batteries has been put into operation.
Sodium-Ion Battery for Stationary Energy Storage Market Insights Sodium-Ion Battery for Stationary Energy Storage Market Revenue was valued at USD 1.2 Billion in 2024 and is
The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026
The first part of the world''s largest sodium-ion battery energy storage system (BESS) has been launched in China. State media Yicai Global and technology provider HiNa Battery reported last week that the 50MW,
Recently, sodium-ion batteries have garnered significant attention as a potential alternative to lithium-ion batteries. With global giants like CATL and BYD investing in the
There is 7.7 GW pipeline of BESS projects in Chile. Top energy storage IPPs in Chile. MWh of BESS projects. BESS revenues in Chile (2023-2025). AMI analysis.
The European Union''s CETO has published the "Battery Technology in the European Union" report, which analyses batteries across the bloc and offers perspectives for the years ahead. The report focuses on solid
By combining grid-connected storage, clean energy optimization, and strong ESG compliance, the project aligns with Chile''s national Energy 2050 plan and strengthens the country''s climate
Chile plans to deploy five gigawatts of battery storage capacity by 2030, together with the commissioning of the 3 GW Kimal-Lo Aguirre high-voltage direct current transmission
Battery storage project financings tend to have finance documents which mirror those seen in a renewables project financing, though they raise a number of additional issues,
In 2016, lithium-ion batteries made up almost half of all new battery deployments, whilst advanced lead-acid and sodium-sulphur batteries also held large market shares.
Sodium-ion Batteries 2025-2035 provides a comprehensive overview of the sodium-ion battery market, players, and technology trends. Battery benchmarking, material and cost analysis, key player patents, and 10 year
Copenhagen Infrastructure Partners (CIP) has approved a final investment decision and started construction of the Arena battery energy storage system (BESS) project, with the aim of supplying
Why securing project finance for energy storage projects is challenging It has traditionally been difficult to secure project finance for energy storage for two key reasons. Firstly, the nascent
Cancrie develops advanced carbon materials for energy storage devices, focusing on sustainability and performance. Their patented technology produces carbons to
This decree is expected to provide capacity payments based on the duration of storage projects as seen in the table below, adding an important source of revenue for a storage market that already benefits from one of the
Currently, 36 of the 129 large-scale projects Latin America projects with an energy storage component under development are in Chile, including 32 out of 71 of the
The sodium ion battery market size was valued at USD 368.71 Million in 2024, expected to Hit USD 974.11 Million at a CAGR of 11.31% during 2025-2033.
