The country’s first commercially-approved standalone Battery Energy Storage System (BESS) is set to become operational soon at Kilokri, South Delhi, according to a statement by power distribution company BSES on Monday. [pdf]
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A megaproject aimed at generating 2,000 megawatts (MW) from solar energy, along with a battery storage initiative, is expected to provide an average of 1,400 MW by noon, eliminating blackouts during daylight hours by 2026 and decreasing fuel consumption by 832,000 tons annually. [pdf]
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LFP battery prices remained stable, while prices for ternary batteries saw a slight decline. The ESS market maintained strong seasonal demand, with an increase in shipments of large-capacity batteries due to their cost advantages. [pdf]
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PE investment in battery energy storage systems is surging, fueled by their high return potential and growing energy transition demands. PitchBook data shows that PE investments in energy storage and infrastructure have more than doubled since 2014, reaching $21.1 billion in 2024 alone. [pdf]
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Owner Vistra Energy has announced the completion of work to expand its Moss Landing Energy Storage Facility in California, the world’s largest lithium battery energy storage system (BESS) asset. [pdf]
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PT Cipta Kridatama (CK), a subsidiary of PT ABM Investama Tbk (ABMM), in partnership with SUN Energy, has inaugurated Indonesia’s first and largest Containerized Battery Energy Storage System (CBESS) for solar power. [pdf]
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South Korean researchers have found the key to producing ultra-thin, high-performance solid-state batteries. Standard lithium-ion batteries use a liquid electrolyte, which can be flammable. Solid-state batteries replace this with a safer solid electrolyte. [pdf]
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Chinese battery manufacturer CATL and multinational automaker Stellantis have unveiled plans to construct a €4.1 billion electric vehicle (EV) battery factory in Figueruelas, near Zaragoza, northern Spain. [pdf]
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The 20 MW utility-scale battery energy storage facility will help accelerate the target of 6 GW of energy storage by 2030. Kyle Murray, NYPA Construction Engineer, walks the Northern New York battery storage project, with construction completed. The Willis substation is adjacent to the facility. [pdf]
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October 4, 2024: An agreement was announced last month to construct a 50MW battery storage power station in the Baganuur district of Ulaanbaatar, Mongolia, which is expected to be commissioned in November 2024. [pdf]
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KUALA LUMPUR (Jan 26): Tenaga Nasional Bhd will kick-start a 400 megawatt-hour (MWh) battery energy storage system (BESS) pilot project in this quarter, marking Malaysia’s first utility-scale battery storage project to address intermittency issues of renewable energy (RE). [pdf]
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ROTTERDAM, Netherlands – 4 February 2025 – S4 Energy, Rotterdam-based leader in European grid-scale storage, has operationalized its state-of-the-art 4-hour Battery Energy Storage System (BESS), the first of its kind in the Netherlands. [pdf]
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Self-Sufficiency– Battery energy storage systems aren’t simply appealing to renewable energy providers. Forward-thinking enterprises are also adopting them. Energy purchased during off-peak hours can be stored using battery storage systems. It can be activated to distribute electricity. .
Installing BESS necessitates a significant capital outlay – Due to their high energy density and enhanced performance, battery energy storage technologies such as lithium-ion, flow,. [pdf]
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