The global energy storage market had a record-breaking 2024 and continues to see significant future growth and technological advancement. As countries across the globe seek to meet their energy transition goals, energy storage is critical to ensuring reliable and stable regional power markets. Storage demand continues to escalate, driven by the pressing need to decarbonise … Continue reading Energy storage: 5 trends to watch in 2025
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UAE launches first 24-hour solar photovoltaic (PV) and battery storage project in Abu Dhabi
In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Future Energy Company PJSC – Masdar and Emirates Water and Electricity Company (EWEC) today announced the launch of the world’s first large-scale ’round the clock’ gigascale project, combining solar power and battery storage in Abu Dhabi. The launch was announced by … Continue reading UAE launches first 24-hour solar photovoltaic (PV) and battery storage project in Abu Dhabi
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How renewables boom could mitigate global climate change
Renewable energy already generates one-third of the world’s electricity, with China leading the pack. Is the momentum enough to limit global warming to 1.5 degrees Celsius above preindustrial levels? The global energy supply is radically changing. Solar and wind power’s share in the global electricity mix has almost quadrupled in a decade, from 5% in 2015 to … Continue reading How renewables boom could mitigate global climate change
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Global energy storage market
The global energy storage market added 175.4 GWh of installed capacity in 2024, with the three major regional markets—China, the Americas, and Europe—continuing to account for over 90% of global installations. In 2025, the global energy storage market is projected to maintain its growth trajectory, with new installed capacity reaching 221.9 GWh, up 26.5% YoY, … Continue reading Global energy storage market
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Battery energy storage comes of age
Wind power and photovoltaic solar dominate new power capacity additions worldwide but struggle to supply grids 24/7. Battery energy storage systems (BESS) can help, allowing more renewable power to be dispatched, reducing curtailment and enhancing grid stability. Today’s dominant energy storage technology, lithium-ion phosphate (LFP) batteries, still has limitations, not least duration and supply chain. … Continue reading Battery energy storage comes of age
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UAE President witnesses launch of world’s first 24/7 Solar Photovoltaic (PV), Battery Storage gigascale project to be built in Abu Dhabi
In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Future Energy Company PJSC – Masdar and Emirates Water and Electricity Company (EWEC) today announced the launch of the world’s first large-scale ‘round the clock’ gigascale project, combining solar power and battery storage in Abu Dhabi. The launch was announced … Continue reading UAE President witnesses launch of world’s first 24/7 Solar Photovoltaic (PV), Battery Storage gigascale project to be built in Abu Dhabi
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Off-Grid Energy Mastery: Your Comprehensive Guide to Battery Systems and Photovoltaic Solar Integration
Broadly speaking, off-grid batteries capture and store energy generated from solar panels. These batteries are important in making sure you’ve got a continuous power supply, especially during periods when sunlight is unavailable. Essentially, they enable you to harness solar energy, provide resilience against grid outages, and often result in long-term cost savings. To get a … Continue reading Off-Grid Energy Mastery: Your Comprehensive Guide to Battery Systems and Photovoltaic Solar Integration
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How did the solar energy photovoltaic sector performed in 2024?
Last year, we started the first edition of the year by focusing on the EU Market Outlook for Solar Power. Similarly to last year, the report is dense, but it contains a wealth of interesting data and predictions. If you wish to make a comparison, we recommend splitting your screen in two, with the edition … Continue reading How did the solar energy photovoltaic sector performed in 2024?
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Spain approved 34 photovoltaic and hybrid projects in December for 2.87 GW, including 428.7 MW of storage
Application for a declaration of public utility for the Cañuelo II photovoltaic plant project, with a capacity of 23 MW, in the municipality of Los Barrios (Cádiz), promoted by Capital Dynamics. Application for Prior Administrative Authorization and Administrative Authorization for Construction of the hybridization projects for the Solaben PV1 and Solaben PV6 photovoltaic plants, both … Continue reading Spain approved 34 photovoltaic and hybrid projects in December for 2.87 GW, including 428.7 MW of storage
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Envision Energy India secures strategic milestones in wind power and battery storage
Envision Energy India has secured a 1 GW wind power project and its maiden order for a 320 MWh battery energy storage system from Juniper Green Energy. This includes the supply of 200 wind turbines and energy storage solutions, contributing to a major renewable energy partnership aimed at achieving 10 GW capacity by 2030.Envision Energy … Continue reading Envision Energy India secures strategic milestones in wind power and battery storage
Continue readingSolar photovoltaics (PV) and storage: better together
Grid and storage readiness is key to accelerating the energy transition. Connecting renewable energy to the power system needs grid infrastructure, both at transmission and distribution levels, including overhead lines, underground and submarine cables and power substations. Despite the obvious, this fact has been widely overlooked in several regions. Urgent actions must be taken to … Continue reading Solar photovoltaics (PV) and storage: better together
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Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
Lithium carbonate prices declined in December, while SC6 prices rebounded after fluctuations Spot prices for battery-grade lithium carbonate stood at RMB 74,000-77,000/MT as of December 31. The average price was RMB 76,000/MT at the end of the month, down 2.6% MoM. CIF prices for Chinese lithium spodumene concentrate (SC6) came in at USD 810-860/MT, averaging … Continue reading Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
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Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
From January 14-16, 2025. Solar Energy Expo 2025 will be held at PTAK International Exhibition Centre in Warsaw. This premier event, organized by PTAK Warsaw Expo, is a hub for renewable energy innovation in Central and Eastern Europe, showcasing the latest in solar technology. At that time, Hinen Polandwill jointly participate in the expo with … Continue reading Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
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World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
SunCable receives approval to export photovoltaic (PV) electricity from Australia to Singapore via a 4,300-kilometer underwater cable. The power will come from the world’s largest photovoltaic and battery park, to be built in northern Australia at a cost of 35 billion dollars.SunCable receives approval to export renewable electricity from Australia to Singapore via a 4,300-kilometer … Continue reading World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
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‘China price’ offers valuable certainty to global photovoltaic (PV) industry
Following the recent approval from the China Securities Regulatory Commission, the Guangzhou Futures Exchange launched polysilicon futures on Thursday, with polysilicon options scheduled to debut on Friday. This landmark move not only marks a significant step for China in establishing a pricing mechanism for polysilicon but also indicates that China’s position in the global photovoltaic … Continue reading ‘China price’ offers valuable certainty to global photovoltaic (PV) industry
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Batteries set to drive rapid photovoltaic growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential photovoltaic solar growth. “But what happens when the sun goes down?” This age-old refrain now has a definitive answer: “Batteries take over.” Throughout 2023 and 2024, lithium-based … Continue reading Batteries set to drive rapid photovoltaic growth
Continue readingThe new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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The new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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Cheaper electric cars: the key to unlocking mass-market adoption
The transition to electric mobility continues to advance rapidly, reshaping global energy and auto markets. Electric car sales in 2024 are anticipated to be robust, with around 17 million units sold over the course of the year. More than one in five cars sold worldwide this year is expected to be electric. Growth has been … Continue reading Cheaper electric cars: the key to unlocking mass-market adoption
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U.S. Department of Energy Selects 11 Projects to Advance Domestic Manufacturing of Next-Generation Batteries
The U.S. Department of Energy (DOE) today announced an investment of $25 million across 11 projects to advance materials, processes, machines, and equipment for domestic manufacturing of next–generation batteries. These projects will advance platform technologies upon which battery manufacturing capabilities can be built, enabling flexible, scalable, and highly controllable battery manufacturing processes. Batteries are … Continue reading U.S. Department of Energy Selects 11 Projects to Advance Domestic Manufacturing of Next-Generation Batteries
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