Microgrid

Wood Mackenzie says Europe’s power purchase agreement (PPA) market was dominated by solar and wind deals in 2024, with an increase in battery-linked contracts as buyers looked to hedge against negative pricing periods.

The 17th edition of SolarEx Istanbul, which took place from April 10 to April 12, was the largest to date. As Turkey’s solar deployment increases, there was discussion on how to manage future installations, develop untapped domestic markets, and secure future investments.

Scientists in Spain have simulated the combination of power-to-heat-to-power storage systems with lithium-ion batteries to supply energy needs and heat pump production of an electrified dwelling. PV self-consumption was found to increase by up to 20% and levelized cost of energy decrease by 7%.

Moldova is expected to launch a new tender for the construction of large renewable energy parks colocated with battery energy storage systems in October.

Chinese inverter and energy storage maker Sungrow invited 300 guests from 20 European countries to its ESS [energy storage system] Experience Day event in Munich, Germany. Discussions focused on energy storage, projects, market figures, and the energy transition. The conclusion: More storage and grid expansion are needed.

The Solar Solutions Amsterdam 2025 trade show highlighted the shift in Europe toward smarter, scalable energy systems, showcasing innovations in residential and commercial solar technology as demand for integrated, flexible solutions continues to grow.

In a major policy shift toward electricity market liberalization, China has introduced contract-for-difference (CfD) auctions for renewable plants and removed the energy storage mandate, which has driven up to 75% of national demand to date. S&P Global expects the move to reverberate through the global battery storage supply chain, further driving down prices already at historic lows.

Out of 6.9 GW of prequalified battery energy storage systems (BESS), equal to 1.9 GW derated capacity, about 1.8 GW of derated BESS secured 15-year contracts in the UK’s T-4 auction – nearly double last year’s volume. Just a week earlier, the T-1 auction also set a record for BESS procurement.

County officials in Texas have approved a tax abatement for Tesla to build a factory for its Megapack utility-scale storage product in the Lone Star State. The final approval is conditional on an agreement with city authorities.

Sungrow’s new residential battery energy storage system features a compact 182 mm design and is capable of handling a maximum charge/discharge current of 50 A.