Cyprus introduces energy storage subsidy scheme
Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired with existing renewable energy plants. Eligible projects will be remunerated by feed-in tariffs (FiTs) or net billing systems.
Solar thermal developer ticks off final technology milestone
Vast Renewables has successfully completed large-scale testing of a concentrated solar thermal power receiver tower destined to be deployed as part of a 30 MW / 288 MWh solar and energy storage project planned for South Australia.
The Hydrogen Stream: TalusAg starts green ammonia production in Iowa
Landus and TalusAg have launched commercial green ammonia production in Iowa, backed by US federal clean hydrogen tax credits, while Iberdrola España and BP have started building Spain’s largest green hydrogen project, with 25 MW of capacity.
Tesla begins production at Shanghai Megapack Factory amid intensifying price war
Tesla’s first overseas energy storage plant starts operating as global competition from Chinese firms and pricing pressures mount.
A fork in the road for energy storage
Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Lithuania launches 800 MWh energy storage tender
Only a day before cutting ties with the Russian power grid, Lithuania announced the launch of a major energy storage procurement exercise.
The Hydrogen Stream: MENA H2 projects surge in 2024
Dii Desert Energy says hydrogen projects in the Middle East and North Africa (MENA) surged to 117 installations in 2024, with 90% classified as green, while Plug Power has introduced the first-ever spot pricing program for liquid green hydrogen.
First four-hour battery storage in the Netherlands goes live
Rotterdam-based S4 Energy is now operating 10 MW / 40 MWh Tesla Megapack battery energy storage system (BESS) in the Netherlands.
Somalia opens solar-plus-storage tender
The Somali government has kicked off a tender for the design, supply, installation, testing and commissioning of a 55 MW solar plant with a 160 MWh battery energy storage system (BESS) in Mogadishu. The deadline for applications is April 14, 2025.
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.
