WoodMac: World needs 1.4 TW of grid-forming batteries by 2034
The data company says investments of $1.2 trillion in battery energy storage systems (BESS) will be required to support the installation of over 5.9 TW of new wind and solar capacity globally through 2034.
India Installed 341 MWh of battery energy storage capacity in 2024, says Mercom
India’s cumulative battery storage installations are expected to reach nearly 15 GWh by 2027
ACME Solar places order for over 3.1 GWh of battery energy storage system
ACME Solar has placed an order for more than 3.1 GWh of battery energy storage system (BESS) with global suppliers including Zhejiang Narada and Trina Energy.
World’s largest vanadium flow battery goes online in China
A giant solar-plus-vanadium flow battery project in Xinjiang has completed construction, marking a milestone in China’s pursuit of long-duration, utility-scale energy storage.
Narada Power secures 1.4 GWh energy storage order in India
Narada Power will supply its liquid-cooled energy storage system for a large solar PV project being developed by a leading private-sector power producer in India.
Germany concludes solar-plus-storage tender with average price of €0.0615/kWh
Germany has concluded a new renewables tender for innovative projects, securing 486 MW of capacity at final prices ranging from €0.0500 ($0.590)/kWh to €0.0639/kWh
IndiGrid, IFC partner to build 180 MW/360 MWh battery storage project in Gujarat
International Finance Corp. (IFC) has committed INR 4.6 billion (around $55 million) in long-term financing to IndiGrid to support the deployment of a 180 MW/360 MWh standalone battery energy storage system project in Gujarat.
Enfinity closes $245 million for 22 GW solar-storage portfolio
Enfinity Global has secured a $245 million credit facility expansion to fund development, construction, and operation of its 22 GW solar and energy storage pipeline across the United States.
JSW Energy secures BESPA for 250 MW/500 MWh battery storage project in Rajasthan
JSW Renew Energy Thirty Seven has signed battery energy storage purchase agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for 250 MW/500 MWh of standalone battery energy storage system in Rajasthan.
Honeywell adds Li-ion Tamer for battery fire safety in buildings
Honeywell has acquired the Li-ion Tamer business from Nexceris, a leader in off-gas detection technology for lithium-ion batteries. Li-ion Tamer’s early warning technology detects battery off-gassing, which typically precedes thermal runaway, providing facilities with vital time to intervene before a battery fire starts.
