Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil, valued upwards of $2 billion, people familiar with the matter told Reuters. [pdf]
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A landmark solar power plant, featuring high-efficiency PV panels and energy storage, shrinking reliance on fossil fuels and serving as a regional model Icre Solutions. The year 2025 is shaping up to be a turning point in Haiti’s energy story. [pdf]
In February it was announced that Hitachi Energy has completed and handed over to Austrian power generator Verbund the world’s first static frequency converter (SFC) solution to use modular multi-level technology in a pumped hydro storage application. [pdf]
Construction of five key pumped-storage power stations has begun in southern China, marking a significant step for sustainable energy storage. These facilities use the gravitational potential energy of water to store surplus energy from variable renewable sources, such as solar and wind. [pdf]
Recently, Quzhou Jidian New Energy Technology Co., Ltd.'s 840,000 sets of power battery pack three-in-one electric drive energy storage project - Administrative Center Complex in THE Factory Front Area (Quzhou Jidian Zero Carbon Park), which was designed and constructed by Automotive Engineering Corporation (hereinafter referred to as ‘AE’), won three international design awards: the Silver Award at the 2023 Global Future Design Awards, the Silver Award at the MUSE Design Awards, and the Silver Award at the World Design Awards. [pdf]
A request for proposals (RfP) has been drawn up for around 450 MW of storage capacity in Michigan and Tennessee Valley Authority (TVA) wants a 100 MW battery energy storage system (BESS) for its new 1.55 GW gas and 4 MW solar energy hub. [pdf]
Launched in 2023, the Iraqi energy storage subsidy program offers: But here's the kicker – the policy cleverly ties subsidies to local job creation. Want full benefits? You'll need to train Iraqi technicians. It's like a renewable energy version of "teach a man to fish." [pdf]
China’s National Energy Administration (NEA) has released the China New Energy Storage Development Report 2025, marking the first official and comprehensive government report dedicated to the country’s rapidly advancing new energy storage (NES) sector. [pdf]
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After more than a decade of experiment, we developed the EV Battery Station, a large-scale energy storage system that combines hundreds of reused batteries to provide high output and capacity so that it can be connected to the power grid..
After more than a decade of experiment, we developed the EV Battery Station, a large-scale energy storage system that combines hundreds of reused batteries to provide high output and capacity so that it can be connected to the power grid..
Home lithium-ion battery systems generated USD 278.5 million in 2023 and could surge to USD 2.15 billion by 2030—a compound annual growth rate of 33.9%. Systems rated between 3 kW and 5 kW currently generate the most revenue, but smaller units under 3 kW are projected to grow faster, reflecting. .
Prices for large-scale storage batteries in Japan vary wildly based on technology, capacity, and brand. Here’s the lowdown: Still a favorite for cost-sensitive projects, lead-acid batteries like Yuasa’s NP100-12 (12V100AH) retail around ¥20,000–¥30,000 per unit [1]. That’s roughly ¥1.6–¥2.5 per Wh. [pdf]
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A California sunset glows over Monrovia while 500 megawatt-hours of stored solar energy quietly feeds the local grid. That’s the Monrovia Shared Energy Storage Project in action – and it’s rewriting the rules of how communities handle electricity. [pdf]
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