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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
8 hours ago
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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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Lithuania launches 800 MWh energy storage tender Only a day before cutting ties with the Russian power grid, the Baltic state announced the launch of a major energy storage procurement exercise.
Marija Maisch
Feb 10, 2025
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Liberia seeks consultant for solar, battery storage auction The government of Liberia is seeking help developing legal, technical, commercial, and financial mechanisms for the country’s first solar and battery energy storage auction. The deadline for expressions of interest is Feb. 25, 2025.
Patrick Jowett
Feb 06, 2025
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Tesla energy storage
Indian tenders for 2.9 GWh of energy storage capacity State-owned NTPC wants national solar-plus-storage sites including 600 MW/2.4 GWh of energy storage and the state of Telangana is tendering for 250 MW/500 MWh of standalone battery energy storage systems (BESS).
Uma Gupta
Jan 30, 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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Germany wraps up renewables-plus-storage tender with average price of $0.0771/kWh The nation's latest renewables-plus-storage procurement exercise awarded 50 projects with an average electricity price of €0.0709 ($0.0771)/kWh.
Ralph Diermann
Oct 17, 2024
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Illinois energy storage legislation calls for 8.5 GW of projects through 2050 Two proposed bills aimed at improving grid reliability via small scale energy systems could save bill payers $3 billion through 2050.
Ryan Kennedy
Oct 16, 2024
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Italy preps energy storage auctions The appropriate minister has signed into law a decree which will allow electricity transmission system operator (TSO) Terna to stage procurement exercises, possibly as early as the first half of 2025.
Sergio Matalucci, Massimiliano Tripodo
Oct 15, 2024
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Torrent Power bags 2 GW Indian pumped storage project The energy company will provide 2 GW of energy storage capacity from its intrastate transmission system-connected pumped hydro storage plant being under development in the state of Maharashtra.
Uma Gupta
Oct 11, 2024
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drax pumped hydro
UK launches cap-and-floor scheme for long duration energy storage The UK government has unveiled a cap-and-floor scheme to kick start investment in long-duration energy storage. The first round of applications is scheduled for 2025.
Matthew Lynas
Oct 10, 2024
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India allocates 1.2 GW of renewables-plus-storage at average of $0.051/kWh SJVN has allocated 1.2 GW of renewables-plus-storage capacity in India at an average price of $0.051/kWh for firm, dispatchable renewable energy.
Uma Gupta
Oct 10, 2024
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Borrego Solar installation
India’s SJVN launches 1.5 GW/6 GWh renewables-plus-storage tender Indian power producer SJVN has invited a tender for 1.5 GW of renewable energy projects backed with energy storage systems for assured peak supply of 6 GWh.
Uma Gupta
Oct 01, 2024
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Brazil launches public consultation on battery capacity reserve auction According to the draft of the auction rules published by the Ministry of Mines and Energy, the procurement exercise will be held in June 2025 for systems with a power output of at least 30 MW that can store energy for at least four hours a day. The draft says that the contracts will cover a period of 10 years, with operation starting in July 2029.
Livia Neves
Sep 30, 2024
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811 MW/3.6 GWh of storage projects set for Spain’s PERTE funding Pending approval, a total of EUR 167.6 million ($187.1 million) has been allocated toward 46 standalone thermal and electrical energy storage projects, with a cost range from EUR 170/kWh to EUR 409/kWh.
Pilar Sanchez Molina
Sep 30, 2024

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