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.

Vena Energy has commenced construction of a large-scale standalone battery energy storage system (BESS), adjacent to two of the company’s existing facilities, in South Australia.

ABB has acquired the solar PV and wind inverter and battery storage power conversion system (PCS) businesses of Gamesa Electric.

The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, part of a pan-Southeast Asian power grid initiative.

A joint venture (JV) between EDF and developer AME has begun construction of large-scale battery and solar photovoltaic (PV) projects in Chile, with 2GWh storage capacity.