Climate Energy Finance’s Tim Buckley argues that geopolitical instability exposes Australia’s oil dependency and positions the country as a safe haven for international renewable energy capital.

Carrie Xiao examines some notable recent partnerships and supply agreements for Chinese energy storage players in the Middle East, Europe, Africa and Australia.

Saudi Arabia and the UAE have emerged as two of the world’s most prominent energy storage markets, with mega-scale projects announced and moved forward at a staggering pace over the last two years. But what does the next phase look like?

DNV has forecast that the MENA region will add 860GW of new solar PV by 2040, and energy storage capacity will grow 10x by 2030.

Three BESS projects totalling 7.8GWh in Saudi Arabia have been connected to the electricity grid, technology provider Sungrow said.

The Emirati state-owned renewables developer Masdar has begun construction on a giant solar-plus-storage project in Abu Dhabi.

Bahraini, Chinese, Egyptian and Emirati groups have agreed to develop a new manufacturing facility in Egypt.

Hithium will supply two projects in Saudi Arabia with ‘the world’s first mass-produced kiloampere-hour (kAh) cells’.

With further penetration of solar and wind, grid-forming technologies will become an inevitable choice for the global power system.

EV and BESS firm BYD has agreed a major order from the Saudi Electricity Company, the state utility and transmission & distribution (T&D) system operator of Saudi Arabia.