The Energy Storage Report 2024

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

memorandum of understanding

November 10, 2023
China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).
February 7, 2023
ACWA Power and the government of Azerbaijan have signed an agreement for a battery energy storage system in the central Asian country.
November 28, 2022
ACWA Power and Indonesian state power company will investigate energy storage and green hydrogen projects in the Southeast Asian country.
September 1, 2022
Malaysia-based Reservoir Link has signed a memorandum of understanding (MOU) with an unnamed US-based ‘Iron Flow Long Duration Energy Storage provider’, while ESS Inc tells Energy-Storage.news it is ‘actively exploring’ opportunities in Reservoir Link’s markets.
September 9, 2020
An agreement to support the manufacture and sale of vanadium flow batteries has been struck between Australian Vanadium and Enerox, which makes and markets systems under its CellCube brand.
November 6, 2018
A smart grid pilot will be put into action in the Thai province of Mae Hong Son, to integrate and balance growing shares of renewable energy using battery energy storage systems (BESS).
July 19, 2018
Currently attracting developers and investment alike, the opportunity to reduce energy costs for businesses in Ontario has led to an agreement for another 42MWh of energy storage from project developer NRStor and solutions provider IHI Inc.
January 17, 2018
The potential for a 400MW/2,500MWh pumped hydro energy storage site is being investigated in Dubai.
October 25, 2017
Private equity fund SoftBank Vision Fund has officially signed off on a Memorandum of Understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
January 19, 2017

Dubai Electricity and Water Authority (DEWA) has signed a cooperation agreement with the renewables arm of major French utility EDF to share expertise and experience in areas including energy storage, renewables, EV chargers and energy system integration.

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