Asia-Pacific will overtake North America as the biggest utility-scale energy storage (UES) market by annual installed gigawatts (GW) by 2024-2025, according to a new report by Guidehouse Insights, one to two years later than in the firm’s previous forecasts.
A grant of €20 million (US$22.66 million) has been made to Namibia’s government-owned electric utility company for the development of the African country’s first grid-scale battery storage project.
Africa-based independent power producer (IPP) Globeleq said financial close has been achieved on a solar PV project in Mozambique which will be integrated with energy storage.
Two solar-plus-storage projects in Cameroon will be equipped with modular, pre-assembled generation and battery solutions from Norway-headquartered renewable energy power producer Scatec.
The new edition of our quarterly journal PV Tech Power, volume 29, is now available to download, including our comprehensive cover story on solar’s critical next decade.
The Democratic Republic of Congo (DRC) supplies most of the world’s cobalt, but exporting semi-finished or finished products rather than raw materials would better help the country capture the value of the metal used in high power lithium-ion batteries.
