The Energy Storage Report 2024

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

solar-plus-storage

December 19, 2023
Saudi-based independent power producer (IPP) ACWA Power has signed a PPA with government bodies in South Africa for a solar-plus-storage project with a 1,200MWh BESS.
December 19, 2023
Utility and IPP Engie has commissioned a 100MW/100MWh battery energy storage system (BESS) while Gore Street has enlisted Nidec as EPC partner for a 75MW project, both in the ERCOT, Texas market.
December 13, 2023
The government of Sri Lanka has entered into a power purchase agreement (PPA) with Australian firm United Solar Group (USG) for a major floating solar power (FPV) and storage project.
December 12, 2023
Norway-based independent power producer (IPP) Scatec has started operations on three solar-plus-storage projects in South Africa, totalling 1,140MWh of BESS capacity.
November 30, 2023
EDF Renewables has reached financial and commercial close on two virtually-coupled hybrid projects in South Africa, combining wind and solar with a combined 75MW of battery storage.
November 24, 2023
Renewable energy project developer Margün Enerji is partnering with OEM Huawei to deploy a 2MW battery energy storage system (BESS) at a solar plant in Turkey.
November 23, 2023
Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ‘largest BESS in the world’ in Chile.
November 21, 2023
A tax credit transaction worth US$60 million using new transferability mechanisms from the Inflation Reduction Act has closed, for a BESS project deployed by Energy Vault for W Power and Wellhead Electric.
November 15, 2023
Lithium-ion battery manufacturer Hithium will provide 55MWh of battery products for a solar-plus-storage project being built by EPC firm SolarPro in Bulgaria.
November 10, 2023
Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.

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