Cyprus approves energy storage subsidy scheme
Applications for participation in the scheme will be accepted from January 15, 2025.
Ireland’s battery storage fleet to grow to 13.5 GWh by 2030
Cornwall Insight calculates that Ireland’s battery storage capacity will reach 13.5 GWh by 2030, up from 2.7 GWh in 2025.
Financing secured for solar-plus-storage project in Senegal
Madagascar-based Axian Energy has obtained €84 million ($89.2 million) of financing for a solar-plus-storage project, featuring a 60 MW solar plant and a 72 MWh battery energy storage system (BESS) in southern Senegal.
Testing to start on 100 MWh sand-based thermal battery in Finland
Finnish startup Polar Night Energy is building an industrial-scale thermal energy storage system in southern Finland. The 100-hour, sand-based storage system will use crushed soapstone, a by-product from a fireplace manufacturer, as its storage medium.
Deye launches 2 kWh hybrid ESS for residential, off-grid PV
Chinese manufacturer Deye says its new energy storage system (ESS) features a microinverter, a lithium iron phosphate (LFP) battery module, and a battery management system (BMS).
Greece launches 200 MW battery storage auction
Interested parties can submit bids by December 23. Awarded projects will be announced in February 2025 and need to be connected to the grid by April 2026.
Jordan’s new electricity law encourages investment in energy storage
The new law aims to improve the efficiency and reliability of Jordan’s electricity infrastructure and introduces the concept of energy storage in the country’s legislation for the first time.
Transforming electric bus depots into solar energy hubs
An international research team has used data on Beijing’s public transit system to explore if bus depots could host solar installations and energy storage facilities to help reduce the load on the city’s grid. The researchers say they plan to generalize their proposed model to help other areas estimate possible return on investment of transforming other civic infrastructure into energy hubs.
French development agency backs South African pumped hydro storage project
Agence Française de Développement has signed a ZAR 125 million ($7 million) grant agreement with South African utility Eskom to support the development of a hydro storage system project.
Pathway to Singapore’s solar development
Singapore could import large quantities of low-cost solar power from neighbouring countries using undersea cables, with the indicative cost being competitive with gas generation. Unlimited world-class pumped hydro energy storage is available in neighbouring countries in the range 50-5000 GWh to support very large scale transmission.
