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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Latest News

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Greece launches C&I battery storage subsidy program With a budget of EUR 153.7 million ($157.7 million), the Storage Systems in Businesses program of the Ministry of Environment and Energy opened on Monday for submission of applications.
Marija Maisch
3 hours ago
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Saudi Electricity Company awards 12.5 GWh battery storage contracts to China’s BYD The contracts cover five separate 500 MW/2,500 MWh storage projects across Saudi Arabia, with sites in Riyadh, Qaisumah, Dawadmi, Al Jouf, and Rabigh.
Vincent Shaw
22 hours ago
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Pumped storage hydropower plant
Philippines ups pumped hydro procurement target to 4,250 MW The expanded procurement exercise is held under the the third round of the country's Green Energy Auction (GEA-3).
Marija Maisch
23 hours ago
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Where will lithium-ion battery prices go in 2025? After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
Marija Maisch
Jan 13, 2025
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China proposes to cut exports of battery cathode and lithium processing technologies China is proposing an export ban on critical battery cathode and lithium processing technologies which could further solidify its upstream dominance.
Marija Maisch
Jan 09, 2025
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Chile has 15 GW of energy storage under environmental permitting The Chilean Association of Renewable Energy and Storage (Acera) says 3 GW of energy storage projects have gotten off the ground and another 15 GW are at the environmental permitting stage.
Luis Ini
Jan 09, 2025
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Envision secures 320 MWh battery storage order in India Under the deal, China-headquartered Envision Energy will supply Juniper Green Energy with 1 GW of its wind turbines and 320 MWh of battery storage.
Uma Gupta
Jan 09, 2025

All Markets news

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Battery storage deployment in Canada kicks into gear The deployment of battery energy storage systems (BESS) in Canada is picking up the pace, with the announcement of a 705 MWh battery storage system delivery to Nova Scotia by Canadian Solar's e-STORAGE and various other projects in provinces across the country. However, this surge cannot come quickly enough says Energy Storage Canada.
Blathnaid O’Dea, Marija Maisch
Jul 08, 2024
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Battery cell prices continue to plummet as lithium prices hit new low The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells was CNY 0.41/Wh ($ 0.056/Wh) in June, posing a challenge to cost control for most cell makers.
Marija Maisch
Jul 08, 2024
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hughes-road-battery-layout
BayWa seeks Australian government approval for combined 1.2 GWh of big batteries BayWa r.e. is seeking environmental approval for two proposed renewable energy projects in Australia, featuring up to 312 MW of generation and a combined 1.2 GWh of battery energy storage capacity.
David Carroll
Jul 08, 2024
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Interview with Trina Storage: We expect consolidation in the coming years In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
Sergio Matalucci
Jul 05, 2024
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Gresham House, Thurcroft battery storage site
Gresham House hits 1 GWh battery storage milestone through capacity upgrades  With 1 GWh of battery energy storage system (BESS) capacity, Gresham House's portfolio accounts for a significant proportion of the total UK storage fleet.
Matthew Lynas
Jul 05, 2024
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Tesla energy storage
In Conversation: How cheap can battery storage get? Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
Marija Maisch
Jul 04, 2024
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Canada’s B.C. Hydro to offer solar, battery rebates Homeowners in the Canadian province of British Columbia who install rooftop solar and battery energy storage systems will soon be able to apply for up to CAD 10,000 ($7,341) in rebates from electric utility B.C. Hydro.
Marija Maisch
Jul 04, 2024
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Pumped hydro projects declared high priority by NSW state government in Australia Three pumped hydro projects that would deliver a combined 1,035 MW / 9,480 MWh of dispatchable capacity are among six projects that have been declared critical state significant infrastructure by the New South Wales (NSW) state government in Australia, potentially smoothing the way for their approval.
David Carroll
Jul 04, 2024
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The Mozambican flag
Mozambique opens tender for solar-plus-storage projects Mozambique’s energy regulator has launched a tender for solar-plus-storage hybrid projects across several provinces. The deadline for applications is Sept. 13.
Patrick Jowett
Jul 04, 2024

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