Lebanon's central bank introduced a controversial but effective stimulus in Q3 2024: This "Solar for Survival" program has funded over 12,000 installations since launch. Combined with plunging lithium battery prices (down 40% since 2022), systems that cost $8,000 in 2023 now average $4,500. [pdf]
Below is an overview of the largest energy storage projects, including both lithium-ion and alternative technologies. In January 2024, the full completion of the Edwards & Sanborn project in Kern County, California was announced. [pdf]
A country where power shortages are as common as kimchi on a dinner table, suddenly making headlines with a bank-funded energy storage plant. Welcome to North Korea's latest gamble – blending finance and cutting-edge tech to keep the lights on. [pdf]
Asia is rapidly advancing in emerging green technologies, positioning itself as a potential leader in advanced battery materials, biodegradable plastics, among others, boosted by strong industrial capabilities and policy support, according to a report by the Boao Forum for Asia released on Tuesday. [pdf]
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In order to provide more competitive energy storage solutions, Jiangsu Beiren has launched two new products based on its existing energy storage series products - liquid-cooled smart energy storage terminal (125kW/241kWh) and liquid-cooled high-pressure containerized energy storage system (5MW/10MWh). [pdf]
Scientists at the Korea Institute of Machinery and Materials (KIMM) have developed Korea’s first homegrown Liquid Air Energy Storage system, which uses surplus electricity to chill air into liquid, store it, and later release it to generate power. [pdf]
The Roadmap proposed a comprehensive set of recommendations to expand New York’s energy storage programs to cost-effectively unlock the rapid growth of renewable energy across the State and bolster grid r. [pdf]
Take a page from’s playbook [2]: Ashgabat plans capacity-based subsidies ($200/kWh for first 500 kWh) and demand-response rewards (up to $0.10/kWh during grid emergencies). For a textile factory using 2 MWh daily, that’s a $40,000 upfront discount—enough to make even a Turkmenbashi statue smile. [pdf]
Well, Oslo's new 150-meter deep storage shafts might've just cracked the code. As of March 2025, Norway's government has committed $2.1 billion to gravity energy storage systems – but what makes this 19th-century physics concept suddenly viable for modern grids? [pdf]
In 2022, a solar farm outside Pyongyang integrated lead-acid batteries to store excess daytime energy. While the system’s efficacy lagged behind lithium-ion counterparts, it reduced evening grid reliance by 40%—a win in a country where lightbulbs flicker like fireflies [1]. [pdf]
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