Explore the booming Global Energy Storage System (ESS) market. Discover current status, key 2025 trends, drivers like renewable integration, challenges, and the future outlook for this vital
The State of Africa''s Infrastructure Report is the Africa Finance Corporation''s flagship publication, offering a bold and data-driven view of the continent''s financing and infrastructure development financing landscape. This year''s
South African independent power producer NOA has reached financial close with Standard Bank on its 349 MW Khauta South Solar PV project near Welkom, Free State. The project will be the country''s
Dubai-based renewables company Amea Power has announced it has been awarded two utility-scale BESS in the second bid window of South Africa''s Battery Energy
This project aims to decommission one of South Africa''s oldest coal-fired power plants and replace it with 220 MW solar PV and wind power, as well as 150 MW battery storage. The
While tracked climate finance has increased over the last few years, governments across the world, and so too in South Africa, are not able to self-fund the energy transition.
Analyst Bloomberg New Energy Finance (BNEF) has published a report illustrating rising interest in utility-scale BESS among Australian energy companies and coal-fired generator owners, thanks to improving battery
WILSONVILLE, Ore.-- (BUSINESS WIRE)-- ESS Tech, Inc. ("ESS," "ESS, Inc." or the "Company") (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for
The National Determined Contribution of Bahrain is mainly based on small scale utility-based renewable energy projects and increased energy eficiency in transport, buildings and industry.
Total CapEx Financing YTD and Forecast (EUR m) Given the growth predicted by BSW for grid-scale BESS capacity over the next years (see page 5), developers of BESS are expected to display significant financing
The working group identified four main areas that could help create a more conducive policy and regulatory environment to accelerate clean energy finance in South Africa.
North Carolina-based developer Strata said the project was awarded after a request-for-proposals issued by electric company Arizona Public Service in June 2023 and will be backed by a 20-year tolling agreement
The BRPL BESS project is the first commercial standalone BESS project at the distribution level in India to receive regulatory approval for a capacity tariff and will play a pivotal role in facilitating the uptake of low-cost
In May 2024, the upfront cost of installing a solar power system in South Africa would set you back approximately R150,000 to R350,000 for a small project and up to R3.5 million for a 100kW system. The high upfront capital
AFSIA''s Africa Solar Outlook 2025 report, published in January, revealed that only 2.5 GW of solar was deployed across the continent last year, the majority of which was utility-scale.
Conference Call Details ESS will hold a conference call on Thursday, May 15, 2025 at 5:00 p.m. EDT to discuss financial results for its first quarter 2025 ended March 31, 2025.
More than $600m for four US utility-scale batteries Recurrent Energy, Jupiter Power and Peregrine Energy Solutions have secured finance for a cumulative 550 MW of utility
With almost 500 MW of utility-scale projects under construction and 375 MW scheduled to come online in 2025, the future of solar in South Africa looks incredibly promising.
Explore how utility-scale solar and wind projects are transforming Africa''s energy landscape. Learn how CLG Energy Transition Centre supports large projects.
The Africa Market Outlook for Solar PV 2025-2028 reveals the continent is on the verge of a solar breakthrough – but is held back by high capital costs and insufficient financing. Africa is home to 60% of the best solar
Based on independent assurance provider DNV''s global database of 4,210 ESS projects totalling 32GWh and publicly available information as of January 5, 2023 for a comparable size utility
Cubenergy is an innovative manufacturer of C&I and Utility-scale stationary Battery Energy Storage System (BESS). By integrating BESS with Grid, PV, Wind Turbine, Diesel Generator, and other sources of energy with self-developed
An increasing number of African countries are starting Requests for Proposals (RfPs) for projects including both solar and storage, as there is a growing understanding of the technical advantages of storage as well as its
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
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
AFSIA''s Africa Solar Outlook 2025 report, published in January, revealed that only 2.5 GW of solar was deployed across the continent last year, the majority of which was
India''s Standalone Energy Storage Systems (ESS) are becoming the backbone of India''s utility-scale ESS auctions, accounting for 64% of the total tenders issued between
Infrastructure Government wants a nation with a thriving economy that benefits all. To create this virtuous cycle of investment, growth and jobs, it must lift economic growth to
Elevated rates have a direct effect on the cost of capital for developers, leading to increased return requirements from project financing partners and higher overall financing costs. This scenario presents substantial
India has seen an increase in tenders seeking hybrid solar-wind and energy storage systems (ESS) capacity in 2024. Chart: IEEFA. India has issued a record 73GW of
The overall aim of the study was to assess the market viability of a utility-scale stationary energy storage with a particular focus on the industrial, commercial transport, local government and
Standalone Energy Storage Systems (ESS) are becoming the backbone of India''s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new
This pivotal development marks a significant step forward in bolstering South Africa’s energy security and grid stability. Located near Upington in the Northern Cape, the Red Sands project was a preferred bidder in 2024’s inaugural BESS public procurement bidding round.
Competitive and transparent bidding processes for both battery storage only and hybrid projects are actively driving down financing costs, while state backing of PPAs is to some extent able to lower off-taker risk given Eskom’s financial state.
loped capital markets, evidenced in the Johannesburg Stock Exchange’s (JSE) Sustainability Segment. From 2020 to 2022, the segment saw marketed growth of 71% (annual zed growth rate), helping corporates raise a cumulative ZAR63 billion ($3.4 billion) over the period. However, after a few years of consistent growt
electricity-presidents-state-nation-address.34. Republic of South Africa National Treasury. (2022). The State of Local Government Finances. .tr asury.gov. za/ edia_Releases/The%20state%20of%20local%20government%20finances/Pages/default.aspx.35. E
Mulilo will develop five projects: On the gas side, registered bidders for Bid Window 1 of the Gas Independent Power Producers Procurement Programme (GASIPPPP) asked for more time to prepare compliant bid responses to the request for proposals for 2,000MW, so the DMRE moved the Bid Submission Date to 25 March 2025.
