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Energy Storage News•3 months ago

•A joint venture between EDF and developer AME has commenced construction on large-scale solar PV and Battery Energy Storage Systems (BESS) projects in Chile.
•The projects include a substantial 2GWh of battery storage capacity, highlighting significant investment in grid resilience and renewable energy integration.
•This development signals a growing global trend towards utility-scale hybrid solar-plus-storage solutions, offering dispatchable renewable power to the grid.

storage

Energy Storage News•3 months ago

•UBS has upgraded its forecast for Battery Energy Storage System (BESS) installations in China, indicating strong market growth.
•China's energy storage market is undergoing significant policy-driven changes, creating a dynamic environment for developers.
•Document No. 136 has scrapped the mandatory energy storage allocation requirement for renewable energy projects, potentially shifting market dynamics for developers.

storage

Energy Storage News•3 months ago

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