An energy storage subsidiary of Waaree Energies has raised INR10 billion (US$110.9 million) for a planned manufacturing plant in India.

Technology provider Dalian Rongke Power (Rongke Power) and infrastructure developer China Three Gorges Corporation (CTG) have brought online the world’s first gigawatt-hour-scale flow battery energy storage project.

French renewable energy power producer Voltalia has begun construction of its Artemisya “strategic cluster” project in Uzbekistan, Central Asia.

Anita Li, vice president of Jinko ESS, reflects on a ‘transformational year’ in which the energy storage arm of the vertically integrated solar manufacturer continued to expand.  

The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  

Renewable energy companies Akuo Energy and Voltalia have begun constructing projects in French overseas territories.

Global average prices for turnkey battery storage systems fell by almost a third year-over-year, with sharp cost declines expected to continue.

Two major Middle East and North Africa (MENA) region projects combining solar PV and battery storage have progressed in Saudi Arabia and Egypt through ACWA Power and Scatec, respectively.

Vena Energy has signed a battery storage supply agreement with CATL for a project which would export renewable energy from Indonesia to Singapore.

The first of 46 solar minigrids planned in Angola has been inaugurated by João Baptista Borges, the African country’s Minister of Energy and Water.