The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Africa & Middle East

May 21, 2024
Sungrow has agreed a partnership to deploy 160MW/760MWh of battery energy storage systems (BESS) and 165MW of PV inverters for a large off-grid project – AMAALA – in Saudi Arabia.
May 20, 2024
Projects are increasingly being deployed close to populations as available plots of land become more scarce, making BESS noise a bigger topic than ever before, writes noise and acoustics consultancy Acentech’s Ethan Brush.
May 20, 2024
Saudi Arabian oil firm Aramco has entered into a memorandum of understanding (MOU) with Rondo Energy, a thermal energy storage company, following an equity investment.
May 16, 2024
Battery storage project development costs will continue to fall in 2024 as lithium costs decline “significantly,” according to BMI Research.
May 9, 2024
Global battery energy storage system (BESS) integrator Fluence saw an 11% revenue drop in revenues in the three months ending 31 March, 2024, while it is also launching a higher energy density product and US module production this year.
May 8, 2024
Iron flow battery company ESS Inc will provide Nigeria-based IPP Sapele Power 1MW/8MWh of its systems, it announced while also revealing its first quarter financials.
May 7, 2024
Zambian developer GEI Power and Turkish energy technology firm YEO are aiming to have a 60MWp PV, 20MWh BESS project in Zambia online by September 2025.
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May 2, 2024
Vanadium redox flow battery (VRFB) company Invinity Energy Systems is raising up to £56 million (US$70 million), in large part to take direct stakes in downstream projects in the UK, as the company’s chief commercial officer explained to Energy-Storage.news.
May 1, 2024
G7 nations have agreed a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels.
April 26, 2024
China-based companies Sungrow and Eve Energy are seeing substantial growth in their energy storage product shipments.

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