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%.
Germany’s Tesvolt begins energy trading from pooled commercial batteries
Tesvolt Energy will collaborate with algorithm traders Enspired, Entrix, and The Mobility House to trade pooled 100 kWh-plus battery units for energy optimization.
Venture capital sees opportunities in digitalization, software-driven PV models
Vireo Ventues Managing Partner Felix Krause speaks with pv magazine about solar-related investments in the startup landscape.
Liberia seeks consultancy services for solar, battery storage auction
The government of Liberia is seeking transaction advisers to develop the legal, technical, commercial and financial mechanisms for the country’s first solar and battery energy storage auction. The deadline for expressions of interest is Feb. 25, 2025.
