Markets
Markets ESS News
Markets ESS News

Policymakers are increasingly recognizing the value of energy storage for building a greener, flexible, and reliable energy system. In a growing number of markets, energy policies are being introduced to support both deployment and local manufacturing.

Be it through procurement exercises or other market mechanisms, policymakers have intensified efforts to drive the development and deployment of all energy storage solutions.
However, in most markets, some barriers still exist.

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CATL seeks Hong Kong listing, eyes global expansion China’s battery giant aims to raise up to $8 billion through offshore H-share issuance and apply for a listing on the main board of the Hong Kong Stock Exchange, reinforcing global expansion amid intensifying competition.
Vincent Shaw
2 hours ago
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Moldova launches tender for 75 MW of battery storage The procurement aims to improve the reliability of Moldova’s grid, facilitate energy trade with neighboring Romania and Ukraine, and support the integration of locally produced renewable energy.
Marija Maisch
5 hours ago
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Tesla energy storage
India’s NHPC awards 1.2 GW of solar-plus-storage at $0.036/kWh India's National Hydroelectric Power Corporation (NHPC) has allocated 1.2 GW of solar and 600 MW/1.2 GWh of energy storage projects at an average tariff of INR 3.09 ($0.036)/kWh.
Uma Gupta
6 hours ago
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China’s new energy storage capacity surges to 74 GW/168 GWh in 2024, up 130% YoY In 2024 alone, China added 42.37 GW/101.13 GWh of new storage capacity (excluding pumped hydro), with an average discharge duration of 2.3 hours—up from 2.1 hours in 2023.
Vincent Shaw
Jan 23, 2025
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Polish utility selects LG Energy Solution to build 900 MWh battery The Polish unit of the Korean battery maker won the project tender offering the price of PLN 1.555 billion ($384 million).
Marija Maisch
Jan 23, 2025
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AMEA Power selects partners for 300 MWh BESS project in Egypt The project will pioneer the use of a utility-scale battery energy storage system (BESS) in Egypt.
Marija Maisch
Jan 23, 2025
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Somalia tenders solar-plus-storage at 28 educational sites The government has launched a tender to design, supply, install, and commission solar-plus-storage systems at 28 educational facilities in two northwestern regions. Applications close on March 12, 2025.
Patrick Jowett
Jan 23, 2025

All Markets news

View article
CATL seeks Hong Kong listing, eyes global expansion China’s battery giant aims to raise up to $8 billion through offshore H-share issuance and apply for a listing on the main board of the Hong Kong Stock Exchange, reinforcing global expansion amid intensifying competition.
Vincent Shaw
2 hours ago
View article
Moldova launches tender for 75 MW of battery storage The procurement aims to improve the reliability of Moldova’s grid, facilitate energy trade with neighboring Romania and Ukraine, and support the integration of locally produced renewable energy.
Marija Maisch
5 hours ago
View article
Tesla energy storage
India’s NHPC awards 1.2 GW of solar-plus-storage at $0.036/kWh India's National Hydroelectric Power Corporation (NHPC) has allocated 1.2 GW of solar and 600 MW/1.2 GWh of energy storage projects at an average tariff of INR 3.09 ($0.036)/kWh.
Uma Gupta
6 hours ago
View article
China’s new energy storage capacity surges to 74 GW/168 GWh in 2024, up 130% YoY In 2024 alone, China added 42.37 GW/101.13 GWh of new storage capacity (excluding pumped hydro), with an average discharge duration of 2.3 hours—up from 2.1 hours in 2023.
Vincent Shaw
Jan 23, 2025
View article
Polish utility selects LG Energy Solution to build 900 MWh battery The Polish unit of the Korean battery maker won the project tender offering the price of PLN 1.555 billion ($384 million).
Marija Maisch
Jan 23, 2025
View article
AMEA Power selects partners for 300 MWh BESS project in Egypt The project will pioneer the use of a utility-scale battery energy storage system (BESS) in Egypt.
Marija Maisch
Jan 23, 2025
View article
Somalia tenders solar-plus-storage at 28 educational sites The government has launched a tender to design, supply, install, and commission solar-plus-storage systems at 28 educational facilities in two northwestern regions. Applications close on March 12, 2025.
Patrick Jowett
Jan 23, 2025
View article
MACSE auction: A game changer for Italy’s energy storage sector With the first auctions for procuring new storage capacity in Italy expected in the second quarter of 2025, Aurora Energy Research has analyzed the internal rate of return for projects supported by the Energy Storage Capacity Procurement Mechanism (MACSE) and found that in certain cases expected returns exceed 9%, providing a high level of revenue security. However, as Aurora’s Maddalena Cerreto tells ESS News, there are also zones where the expected profitability of merchant investments outcomes the MACSE ones.
Marija Maisch
Jan 22, 2025
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Portugal awards grants to 500 MW of energy storage projects A total of 43 projects were selected from 79 applications in Portugal's 2025 energy storage procurement. This included six projects from Spain's Iberdrola, which secured nearly EUR 20 million in public funding.
Marija Maisch
Jan 22, 2025

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