The Energy Storage Report 2024

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

huawei

November 24, 2023
Renewable energy project developer Margün Enerji is partnering with OEM Huawei to deploy a 2MW battery energy storage system (BESS) at a solar plant in Turkey.
October 31, 2023
Huawei and BYD were among the five largest battery energy storage system (BESS) integrators globally last year, with the Chinese market going through a ‘price war’ of competition, according to research from Wood Mackenzie.
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December 21, 2022
The average cost of a data breach in the energy industry is US$6.39 million for a single incident, according to research published by IBM.
March 8, 2022
Huawei has agreed to provide the complete solution for what looks set to be the biggest project of its type in Africa so far. 
February 28, 2022
A consortium of developers has achieved financial close for US$1.3bn in debt facilities for the Red Sea project, a huge resort under construction off the coast of Saudi Arabia which plans to have the largest off-grid battery energy storage system at 1,200-1,300MWh.
October 19, 2021
Huawei Digital Power has said it will supply battery energy storage system (BESS) technology to what is thought to be the world’s largest off-grid energy storage project to date. 
June 17, 2021
Two Chinese energy storage companies have been awarded top-class certifications for safety and technical requirements from TÜV Rheinland, with award ceremonies held earlier this month.
February 1, 2018
Chinese electronics and engineering company Huawei, which also manufacturers inverters for solar PV systems, is starting the supply of its FusionHome Smart Energy Solution, providing solar-plus-storage capabilities to the Australian residential market during the first quarter of 2018.
September 26, 2017
UK-based renewables developer Anesco says the inclusion of battery storage has been central to the economic viability of the country’s first subsidy-free solar farm, a 10MW site the company has just unveiled in the east of England.

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