The Santiago Pumped Storage Project, which will be located in Chã Gonçalves, in the municipality of Ribeira Grande de Santiago and will cost around 60 million euros, promises to significantly increase energy storage capacity, thus making it possible to increase the country's electricity production capacity. [pdf]
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Narada Power Source has won the bid for China Tower Corporation’s 2025 centralized tender for valve-regulated sealed lead-acid (VRLA) battery products, with a contract value of approximately 330 million RMB. Narada Power Source has been collaborating with China Tower for many years. [pdf]
According to recent data from GaoGong Industry Research, in March 2025, the bidding scale for energy storage systems dropped by 55%, with bid prices entering the “0.3 yuan era.” [pdf]
This Beijing-based firm bagged a ¥900 million deal for 150MW/15MWh flywheel systems in Shanxi – basically creating giant mechanical batteries that spin faster than a TikTok dance trend [3]. [pdf]
In an announcement released on March 7, 2025, the executive arm of the European Union said that the Czech scheme will support the installation of at least 1.5 GWh of new electricity storage facilities. [pdf]
The U.S. Department of Energy’s (DOE) Office of Electricity (OE) today announced the selectees of $15 million in awards at the Long Duration Energy Storage (LDES) Council Summit on April 8, 2024. [pdf]
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On July 5, 2025, a joint venture composed of China Energy Construction China Power Engineering International, East China Electric Power Design Institute and Hunan Thermal Power Construction Co., Ltd. officially signed an early working agreement with Abu Dhabi Future Energy Company (Masdar) in Oman for the early work of the Ibri 3 photovoltaic energy storage power station project in Oman, marking the official entry of this major new energy project into the performance stage. [pdf]
On November 26, CGN New Energy issued a tender announcement for the framework procurement of energy storage systems for 2025. The procurement is divided into seven sections, with an estimated total capacity of 10.5 GWh. [pdf]
Italy has taken a major step forward in its energy transition efforts, giving the green light to 361 MW of new battery energy storage systems (BESS) spread across three regions—Lazio, Puglia, and Sardinia. [pdf]
Italy’s largest second-life battery energy storage system was officially launched at Rome-Fiumicino airport yesterday. State-owned gas and electric company Enel’s 2.5 MW/10 MWh Pioneer project comprises 762 battery packs and modules. [pdf]
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