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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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
18 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
19 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
20 hours ago
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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
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Quinone redox flow battery company secures $2.6m for commercial pilot site Quino Energy says the mildly alkaline nature of its storage medium means it can be installed in existing oil industry holding tanks.
Max Hall
Jan 09, 2025

All Markets news

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128 MWh DC-coupled hybrid battery secures approval in Australia DC-coupled utility-scale batteries remain fairly novel in Australia.
Ev Foley
Jun 28, 2024
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Overall BESS quality has massively improved, but safety incidents make headlines Any discussion about the quality of battery energy storage system (BESS) projects must consider safety. This was something that all three of the panelists who participated in pv magazine’s Focus event at The Smarter E in Munich last week agreed upon. 
Blathnaid O’Dea, Marija Maisch
Jun 27, 2024
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Dr. George Hilton talking to Marija Maisch
In Conversation: ‘Good time to be battery storage developer’ At Intersolar Europe 2024, ESS News spoke with George Hilton, research and analysis manager at S&P Global, about the state of play in the battery energy storage supply chain and falling prices. According to Hilton, the overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies on offer, and for a great number of markets the right time to jump in is now.
Marija Maisch
Jun 27, 2024
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Renalfa BESS in Bulgaria
Bulgaria initiates consultations on 3 GWh standalone energy storage tender The Bulgarian Ministry of Energy is readying to launch a tender on September 2 and provide CAPEX support for the construction and commissioning of 3 GWh of standalone energy storage facilities. The public call is for projects equal to or greater than 10 MW with at least two hours of storage capacity, which will be primarily used in the frequency regulation markets.
Marija Maisch
Jun 27, 2024
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blenergy catl
CATL signs 4 GWh supply deal with Israel’s BLEnergy Chinese battery manufacturer CATL is expanding its presence in the Middle East and Europe via a 4 GWh long-term supply agreement with Israeli integrator BLEnergy.
Marija Maisch
Jun 27, 2024
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sosteneo italy
Sosteneo, Enel finalize partnership for 1.7 GW battery storage rollout in Italy The Generali Group company has signed an agreement to acquire a minority share of Enel Libra Flexsys, which aims to roll out 1.7 GW of battery energy storage projects in Italy. "Revenues are fully contracted for 15 years through capacity agreements with Enel as well as capacity payments from Enel that are backed by Terna, Italy’s transmission system operator,” Sosteneo says. 
Sergio Matalucci
Jun 27, 2024
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indian flag
What to expect at India Energy Storage Week India Energy Storage Alliance (IESA) is set to host its annual international conference and exhibition event, India Energy Storage Week (IESW), from July 1 to July 5, 2024, in New Delhi. The event is expected to witness the participation of 150+ key partners and exhibitors and 1000+ companies, many of which will be unveiling major battery storage plans.
Uma Gupta
Jun 27, 2024
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Pacific Green battery energy storage containers
Pacific Green enters Polish energy storage market to explore widening revenue opportunities UK renewables developer Pacific Green Technologies plans to acquire a majority stake in two 50 MW Polish battery energy storage projects from an unnamed international developer.
Marija Maisch
Jun 26, 2024
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Javier Izcue talks to Sergio Matalucci (right)
Sungrow executive dampens hopes for imminent storage boom in Italy Javier Izcue, vice president SG Europe at Sungrow, tells pv magazine that Italy will install 30 GW of batteries by 2030, but notes that the boom is not looming in the near term, as previously predicted.
Sergio Matalucci
Jun 25, 2024

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