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Southeast Asia targets 18 GW of pumped hydro by 2033
According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development.
Eco Stor: Online calculator determines storage requirements for energy transition
The "dunkelflaute" is a kind of a bogeyman in the energy transtion narrative. Now, a new tool from German-Norwegian storage provider Eco Stor can be used to determine exactly which storage capacities and how many reserve power plants are needed for stable power system operation, even in periods with little photovoltaic and wind production.
India’s NTPC launches 250 MW/500 MWh standalone battery storage tender
Indian state-run power producer NTPC Ltd has invited bids to develop 250 MW/500 MWh of grid-connected standalone battery energy storage systems in Gadarwara, the state of Madhya Pradesh, central India and Solapur, the state of Maharashtra, western India.
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New York offers $5 million for long-duration storage projects
The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential
Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
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China targets battery and solar overcapacity with new consumption taxes
China will introduce new consumption taxes on batteries and PV cells from September 2026 and April 2027, alongside stricter energy efficiency standards aimed at reducing manufacturing overcapacity, promoting advanced technologies, and favoring more competitive, higher-efficiency producers.
Tesla lands tax abatement for Texas Megapack factory
County officials have approved a tax abatement for Tesla to build a manufacturing facility for its utility-scale battery energy storage product, Megapack, in the Lone Star State. The final approval is conditional on an agreement with city authorities.
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