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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Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.
Marija Maisch
6 hours ago
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Pumped storage hydropower plant
Philippines’ green energy auction heavily oversubscribed with nearly 7 GW of pumped hydro bids   The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
Marija Maisch
Feb 13, 2025
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Minister: Behind-the-meter storage eligible for Spanish grid capacity mechanism There was only one policy announcement of note, in the face of numerous industry demands, at Spain's third Green Hydrogen and Storage Summit, organized by the Spanish Solar Photovoltaic Association (UNEF) in Madrid this week.
Pilar Sanchez Molina
Feb 13, 2025
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Tata Power, ONGC to explore Indian battery storage opportunities Tata Power Renewable Energy Ltd and Oil and Natural Gas Corp (ONGC) have signed an agreement to jointly explore and identify commercial opportunities in the battery energy storage system (BESS) market.
Uma Gupta
Feb 13, 2025
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Cyprus introduces energy storage subsidy scheme Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems that can be added alongside existing renewable energy plants. Eligible renewable power plants should be remunerated either by feed-in tariffs (FiTs) or net billing systems.
Ilias Tsagas
Feb 11, 2025
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A fork in the road for energy storage Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Marek Kubik
Feb 10, 2025
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EVE agrees 50 GWh battery cell supply deal with Hyperstrong The three-year supply agreement signals a major shift in energy storage system supply chain of the two companies, with EVE effectively squeezing out CATL as HyperStrong's key battery cell supplier.
Vincent Shaw
Feb 10, 2025

All Markets news

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US flow battery makers discuss life under Trump ESS News spoke to Matt Harper, from vanadium flow battery (VFB) maker Invinity, and Eugene Beh, CEO of Quino Energy, which uses a water-based electrolyte in its aqeous organic quinone redox flow batteries.
Max Hall
Jan 27, 2025
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Battery energy storage systems situated in a clearing of a wooded area with green trees and a small pathway.
Ottawa approves new regulation for battery storage The official plan and zoning amendments set policy direction for siting BESS within Ottawa's rural and urban areas.
Marija Maisch
Jan 27, 2025
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Gran Canaria launches sports arena battery tender for $1.5 million The project will be hybridized with 770 kW of solar, inaugurated in December 2023, in a bid to stage clean energy sporting events.
Jose Pedrosa
Jan 27, 2025
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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
Jan 24, 2025
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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
Jan 24, 2025
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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
Jan 24, 2025
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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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