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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Maputo is quietly becoming Africa’s photovoltaic energy storage hotspot. With 300+ days of sunshine annually and growing energy demands, this coastal city is proving you don’t need Silicon Valley budgets to create smart energy solutions. [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]
In 2018, Solid Power, spun off from the University of Colorado Boulder, [27] received $20 million in funding from Samsung and Hyundai to establish a manufacturing line that could produce copies of its all-solid-state, rechargeable lithium-metal battery prototype, [28] with a predicted 10 megawatt hours of capacity per year. [pdf]
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ARLINGTON, Va., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage systems, services, and asset optimization software, today announced that it has been named a Tier 1 energy storage supplier in the inaugural S&P Global Commodity Insights Premier List of Tier 1 Cleantech Companies. [pdf]
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]
The $2 billion+ project, located about eight miles southeast of Goldendale, Washington, is a closed-loop pumped storage hydropower facility that will support more than 3,000 family-wage construction jobs and spur economic growth in a region that will need more reliable and homegrown energy supply. [pdf]
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A tender held to procure 1.5 GW of four- to 10-hour battery energy storage system (BESS) project capacity for the US state of Massachusetts has attracted bids for 13 sites, including from an existing pumped hydro energy storage (PHES) site. [pdf]
The cost can range from $3,025 to $3,307 per kW for a complete project, although costs can vary widely depending on site specifics and include transmission lines. When considering energy storage costs per kWh, PHS is around $165/kWh when looking at an energy-to-power (E/P) ratio of 16. [pdf]
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Yes, pumped hydroelectric storage (PHES) and lithium-ion batteries can be combined in a hybrid energy storage system, and such hybrid systems are indeed being developed and operated with promising advantages..
Yes, pumped hydroelectric storage (PHES) and lithium-ion batteries can be combined in a hybrid energy storage system, and such hybrid systems are indeed being developed and operated with promising advantages..
In this guest article, Chris Baker, Founder and CTO of Sunshine Hydro, shares a bold vision for how combining pumped storage hydropower with complementary technologies – in what he calls the “Superhybrid” model – could unlock long-duration storage, reduce project risk, and reshape energy economics. .
Yes, pumped hydroelectric storage (PHES) and lithium-ion batteries can be combined in a hybrid energy storage system, and such hybrid systems are indeed being developed and operated with promising advantages. Complementary Strengths: Pumped hydro storage provides large-scale, long-duration energy. [pdf]
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