Winning bids as low as IR3.41/kWh (US$0.041/kWh) have been registered in a tender for solar PV paired with battery storage hosted by the Solar Energy Corporation of India (SECI).

Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.

India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.

Eneos Renewable Energy will add energy storage to an existing solar PV power plant in southern Japan, after successfully applying for subsidies to support the project’s cost.

Energy-Storage.news, PV Tech and Huawei present a special report on the technologies and trends shaping the global energy storage market.

Germany has awarded 512MW of capacity to solar-plus-storage projects in its most recent Innovation Tender auction.

After failing to obtain local approval for the construction of a 250MW/1,000MWh standalone BESS, Engie is pursuing state approval via the CEC.

The UK and Ireland’s energy storage pipeline is rapidly growing, with co-located solar PV and storage comprising around 20% of planned capacity, writes Mollie McCorkindale of Solar Media Market Research.

Recurrent Energy has closed US$513 million financing on a battery storage project in Arizona, US, which has a 20-year utility tolling agreement in place.

NV Energy is seeking approval from the Public Utilities Commission of Nevada of its 2024 IRP which it submitted on 31 May 2024.