SolaX Power invests $1.498 billion to establish a cutting-edge energy storage research and manufacturing facility in Zhejiang Province, China, focusing on utility-scale solutions and intelligent energy systems. [pdf]
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Pumped-storage hydroelectricity (PSH), or pumped hydroelectric energy storage (PHES), is a type of used by for . A PSH system stores energy in the form of of water, pumped from a lower elevation to a higher elevation. Low-cost surplus off-peak electric power is typically used to run the pumps. During periods of high elec. [pdf]
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More than $5 billion was invested in BESS in 2022, according to our analysis—almost a threefold increase from the previous year. We expect the global BESS market to reach between $120 billion and $150 billion by 2030, more than double its size today. [pdf]
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Energy storage (ES) can mitigate the pressure of peak shaving and frequency regulation in power systems with high penetration of renewable energy (RE) caused by uncertainty and inflexibility. However, the de. [pdf]
ITER (initially the International Thermonuclear Experimental Reactor, iter meaning "the way" or "the path" in Latin) is an international research and engineering aimed at creating energy through a fusion process similar to that of the . It is being built next to the facility in southern France. Upon completion of the main reactor and first plasma, plann. On April 24, 2025, Shanghai Guoneng Hudian (Shanghai) Engineering Technology Co., Ltd. and the Hainan New Energy Development Company announced the procurement of a 25MW/50MWh energy storage system for the 100MW agricultural photovoltaic complementary power generation project located in Yangjiang Town, Qionghai City, Hainan Province. [pdf]
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The European Commission on Wednesday approved up to 5.2 billion euros (roughly $5.2 billion) in public funding for hydrogen projects, a move it said could unlock a further 7 billion euros of investments from the private sector. [pdf]
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Solar irradiance is the per unit area () received from the in the form of in the range of the measuring instrument. Solar is measured in per (W/m ) in . Solar irradiance is often over a given time period in order to report the emitted into the surrounding environment ( per square metre, J/m ) durin. [pdf]
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A new high has been reached with 1.2 billion barrels of crude oil currently being transported across the world’s oceans, marking the largest volume in nine years. This trend highlights how oil production is still exceeding consumption, as reported by Vortexa data. [pdf]
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The terminal can be accessed via the recently reconstructed road to the Coal Harbor and the Morskoi Pekhoty Street free from the city transport, with the capacity of 250 trucks per hour in each direction. [pdf]
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Today’s investment commitment aims to advance a manufacturing expansion in the United States that could enable American-made batteries to satisfy 100% of domestic energy storage project demand by 2030..
Today’s investment commitment aims to advance a manufacturing expansion in the United States that could enable American-made batteries to satisfy 100% of domestic energy storage project demand by 2030..
storage projects. This investment is expected to create 350,000 jobs by 2030. Through this investment, the industry is committed to supporting American battery manufacturing leadership, ensuring low-cost affordable electricity to fuel economic growth and American energy dominance. A pro-business. .
, and advocating for energy efficiency and equity. It acts as a conduit for the incorporation of intermittent renewable energy sources by storing surplus energy and supplying it during periods of high demand or low renewable output, consequently reducing the curtailment of renewable energy and. [pdf]
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