On 14 August 2023 the Hungarian Government issued Gov. Decree 382/2023 (" Decree ") establishing the legal framework for the implementation and functioning of the new Contracts for Difference (" CfD ") support scheme for electricity storage operators (" Storage CfD Scheme "). [pdf]
[FAQS about Budapest New Energy Storage Policy]
The Israeli Planning Administration has approved a new set of regulations for energy storage. Set out as a national outline plan, the new regulation deals with the capacities of different energy storage facilities, where they can be built and under what conditions. [pdf]
The report has declared CATL, EVE Energy and BYD as the front runners in the race for 2024. In 2023, BYD was ranked at No.2. According to InfoLink’s Global Energy Storage Supply Chain Database, global energy storage cell shipments totaled 314.7 GWh in 2024, up 60% YoY. [pdf]
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As of early 2025, new energy storage projects in China have seen significant growth:By the end of 2024, the total installed capacity reached 73.76 million kilowatts, marking an increase of over 130% compared to the end of 20231.In the first half of 2024 alone, 8.63 million kilowatts of new energy storage capacity was added, matching the total installed capacity from previous years2.CHN Energy reported that new energy storage projects now account for nearly 70% of its total portfolio, enhancing grid regulation capabilities3.The cumulative installed capacity by the end of the first quarter of 2024 was 35.3 million kW, reflecting a 12% increase from the previous year4.The rapid expansion of clean energy capacity has prompted innovative solutions in energy storage, positioning it as a key growth area for China's economy5. [pdf]
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The project encompasses the construction of a solar and battery energy storage system (BESS) minigrid to be built on the island of Buka, within the autonomous region of Bougainville in Papua New Guinea. It will address the electricity needs of the region, which relies heavily on diesel generators. [pdf]
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Utility-scale battery energy storage is safe and highly regulated, growing safer as technology advances and as regulations adopt the most up-to-date safety standards. Discover more about energy storage & safety at EnergyStorage.org [pdf]
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Emeren and Arpinge finalize two energy storage projects in Sicily, totaling 162 MW capacity, strengthening the national portfolio in a rapidly transforming market. The Italian energy market is marking another milestone with the addition of two battery energy storage system (BESS) projects in Sicily. [pdf]
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The Cook Islands in the Pacific will host a 5.6MWh lithium-ion battery energy storage system for the integration of renewables, in a project funded by the Asian Development Bank, European Union and Global Environmental Fund. [pdf]
Liquid fuels Natural gas Coal Nuclear Renewables (incl. hydroelectric) Source: EIA, Statista, KPMG analysis Depending on how energy is stored, storage technologies can be broadly divided into the following three categories: thermal, electrical and hydrogen (ammonia). The electrical. .
Electrochemical Li-ion Lead accumulator Sodium-sulphur battery .
Electromagnetic Pumped storage Compressed air energy storage .
When it comes to energy storage, there are specific application scenarios for generators, grids and consumers. Generators can use it to match production with. .
Independent energy storage stations are a future trend among generators and grids in developing energy storage projects. They can be monitored and. By the end of 2024, the cumulative installed and operational capacity of new energy storage projects nationwide reached 73.76 GW/168 GWh, approximately 20 times that of the end of the 13th Five-Year Plan and more than 130% higher than at the end of 2023. [pdf]
Đedović: Serbia to promote energy storage with changes to renewables lawTSO, DSO to be able to delay connecting power plants if they estimate power system is jeopardized . Serbia aims to triple combined wind, solar power capacity within three years . Workforce from coal mines can switch to lithium, boron extraction . [pdf]
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BYD MC Cube is a new generation energy storage system with ultra-high capacity density, ultra-safety, ultra-long life and ultra-low cost built by BYD to gain the No. 1 share of the global energy storage market, according to the report. [pdf]
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In Central Asia, a significant development in energy storage is the completion of Uzbekistan's first energy storage project, which is also the largest in the region. This facility is equipped with Sungrow's liquid-cooled ESS PowerTitan 2.0 and plays a crucial role in advancing the region's energy transition towards sustainability2. Additionally, there are plans for constructing the first storage hydropower plants in Uzbekistan, marking an important step towards energy independence and sustainable energy sources in Central Asia3. [pdf]
Djibouti is advancing its clean energy initiatives with a 25-megawatt solar project that includes battery storage. This project, developed by AMEA Power, aims to generate 55 GWh of clean energy annually, benefiting over 66,500 people1. The project is supported by a long-term power purchase agreement (PPA) with Djibouti's national utility, Électricité de Djibouti (EDD)3. This initiative reflects Djibouti's commitment to enhancing its renewable energy capacity and energy storage solutions4. [pdf]
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