IN a bid to accelerate the adoption of renewable energy (RE) and ahead of the upcoming fifth large-scale solar (LSS5) programme, the government has opened up the
Updated: Six new big battery projects named as winners of the federal government''s first auction under the Capacity Investment Scheme.
The battery storage technologies do not calculate levelized cost of energy (LCOE) or levelized cost of storage (LCOS) and so do not use financial assumptions. Therefore, all parameters are the same for the research and development
Battery energy storage systems (BESS) play an essential role in balancing grids with high renewable energy. They can charge during low price hours and discharge during high
The characteristics of an energy storage project play a crucial role in establishing the bid price. Essential aspects such as capacity, expected duration of discharge,
Equally critical is the alignment of bid optimisation strategies with the capabilities of battery storage assets. In energy markets like ERCOT, characterised by high volatility, the
The bid price for an energy storage project is determined by various factors, encompassing 1. project specifications, 2. regional market conditions, 3. technolo
Energy storage systems and services provider LG Energy Solution Vertech Inc has signed a multiyear agreement to supply 7.5 GWh of its technology to Excelsior Energy Capital for battery energy storage systems
Minister of Electricity and Energy Dr Kgosientsho Ramokgopa announced the successful signing of project agreements and the commercial close of an additional two projects appointed as preferred bidders under the
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
The global battery storage project pipeline for the next two years reached 748 GWh, indicating a surge of the global battery storage ecosystem. Notably, in November 2024, COP29 agreed to a global energy storage target
Share ERCOT Battery Energy Storage Buildout Report: 14 GW by 2026 In the first four months of 2024, the rated power of commercially operational battery energy storage systems in ERCOT grew by 955 MW. That means the total
Search latest and upcoming global battery energy storage system (BESS) tender results, bid opening results, contract awards, and project awards with our comprehensive online database.
Experts predict what 2025 holds for U.S. energy policy: EV battery costs fall, energy storage demand surges, carbon removal hits scale, permitting reform in D.C.
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
Recent Updates Boralex is preparing the project to bid into the IESO Long Term 2 Request for Proposals (LT2 RFP) in December 2025. It is anticipated that the IESO will announce successful bidders in June 2026. Lennox Battery Energy
Ontario’s Independent Electricity System Operator (IESO) has unveiled its largest procurement of battery energy storage projects to date and a new investment into its natural gas network.
18 NOVEMBER 2024 The Minister of Electricity and Energy, Hon. Dr. Kgosientsho Ramokgopa, is pleased to announce the successful signing of Projects Agreements and Commercial Close of
We provide a detailed report on all the major Battery Storage construction projects around the world with key focus on the largest projects in Europe, Africa, USA and Asia
Nayer Fouad, CEO, Infinity Power "Our own portfolio of renewable energy projects already includes battery storage facilities in Senegal, and we hope to add more in the coming years as we work towards our goal of
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
The majority of newly installed large-scale electricity storage systems in recent years utilise lithium-ion chemistries for increased grid resiliency and sustainability. The capacity of lithium
TORONTO – The Ontario government has concluded the largest battery storage procurement in Canada''s history and secured the necessary electricity generation to support the province''s growing population and
PORTLAND, Ore. – February 3, 2025 – GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired a 150 MW / 300 MWh battery storage project in Texas from Balanced Rock
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
The theme of this year''s budget is Expanding Opportunities Island By Island. During his budget communication on Wednesday Prime Minister, the Hon. Philip Davis spoke about the government''s investment in the
Energy Storage Summit Australia 2025 took place in March. This article summarises a presentation on key trends for battery energy storage in the NEM.
Grid-scale battery energy storage system (BESS) installations have advanced significantly, incorporating technological improvements and design and packaging improvements to enhance energy density
The Government of The Bahamas (GoBH) via the Ministry of Finance Project Execution Unit (PEU) now invites sealed bids from eligible and qualified bidders for the Design, Supply and
A gel battery works by using a gel electrolyte instead of a liquid electrolyte, as in conventional lead-acid batteries. The gel is a viscous material that contains sulfuric acid, water and silica, and acts as an ion conductor.