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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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
4 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
23 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
24 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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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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Synchronous condenser
Australian grid operator turns to batteries, synchronous condensors to safeguard system strength Transgrid, the operator of the high voltage electricity transmission network in the Australian state of New South Wales, is looking at rolling out up to 14 synchronous condensers and 4.8 GW of batteries with ‘grid forming’ capability to protect and strengthen the security and stability of the electricity grid as coal-fired power plants retire and more renewables come online.
David Carroll
Jun 25, 2024
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Container with battery energy storage systems is placed on a trailer
In Conversation: Weight – a new challenge for BESS in Europe Driven by the demand for higher efficiency and cost reduction, large-scale battery energy storage systems are increasigly featuring higher capacity cells. This has given rise to new challenges on the logistics front, particularly on the European soil. pv magazine ESS News caught up with Trina Storage at last week's Smarter E show to discuss this.
Marija Maisch
Jun 24, 2024
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The Staythorpe BESS masterplan.
Elements Green’s 360 MW/720 MWh battery storage project secures green light UK-based solar and energy storage developer Elements Green has secured planning consent for its Staythorpe Battery Energy Storage System (BESS) project in the UK. The system will be colocated with a massive 800 MW solar farm.
Marija Maisch
Jun 24, 2024
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N.Y. battery storage site
New York policy authorizes $814.6 million to fund energy storage The new order puts the state on track to install 6 GW of energy storage by 2030.
Anne Fischer
Jun 24, 2024
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Three men signing the agreement
Plans for BESS assembly plant in Nigeria RIPLEnergy Company has signed a Memorandum of Understanding with GIB EnergyX Slovakia s.r.o. to co-develop an assembly plant in Nigeria. The new plant should supply Battery Energy Storage Systems (BESS) in support of RIPLE’s Renewable Energy investments to supply commercial and industrial demand for 24/7 electricity.
Carrie Hampel
Jun 21, 2024
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Global Battery Alliance Logo
Global Battery Alliance launches Battery Passport pilots The Global Battery Alliance (GBA) has just launched the second wave of its Battery Passport pilots, which includes 11 pilot consortia. This second wave will establish the Minimum Viable Product of the GBA Battery Passport with a product-level ESG (Environment, Social, Governance) score.
Carrie Hampel
Jun 21, 2024
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Chart showing the simulation for one autumn day
BESS, deep learning simulations: decrease in wholesale price variability Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo's deep learning simulations suggest changes in energy prices as installed battery capacity increases.
Sergio Matalucci
Jun 20, 2024
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Chart with Q1 2024 comparison of energy storage deployments
U.S. grid-scale storage grows 84%, residential storage 48% Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage in the USA, while commercial and industrial storage slowed.
Ryan Kennedy
Jun 19, 2024

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