Here are some of the latest advancements in energy storage batteries:Zinc Battery: A new zinc battery offers a fire-safe alternative to lithium-ion batteries, providing 3-12 hours of energy storage1.Solid-State Lithium Batteries: These batteries promise higher energy density and improved safety, although their limited lifespan remains a challenge2.Elementa 3 Utility-Scale Battery: This new battery storage system features 565 Ah cells and delivers a rated capacity of 6.017 MWh with a typical discharge duration of four hours3.Jinko's 6.25 MWh Battery: Recently unveiled, this utility-scale battery will begin global deliveries in the fourth quarter of 20254.Advancements in Battery Technologies: Ongoing improvements in energy density and charge efficiency are making batteries more suitable for large-scale energy storage systems and electric vehicles5. [pdf]
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Energy Storage NewsSaudi Arabia set to commission 7.8 GWh of batteries this summer . EDF, PSEI close funding for 300-MW California solar-storage complex . Samsung C&T unveils plans for 80-MW battery in New South Wales . [pdf]
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Largest innovative photovoltaic generation and energy storage project opens in Costa Rica. The system uses solar panels to charge batteries during periods of lower energy cost and then, subsequently to deliver stored energy during the two peak periods when cost is highest. [pdf]
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Indonesia’s Ministry of Energy and Mineral Resources (MEMR) has enacted MEMR Regulation No. 2/2024, which abolishes net metering for rooftop PV installations. The country first introduced net metering in November 2018. [pdf]
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International firms have been invited to participate in a request for qualification for two greenfield solar PV plants, with an aggregate 225MW capacity – part of a wave of public/private-partnerships for which Addis Ababa is seeking international investment, in a major policy turnaround. [pdf]
The world’s biggest pumped storage plant, the Fengning Power Station, went into full service at the end of the year, supporting 10 gigawatts of solar- and wind-powered generation in China’s Hebei Province, near Beijing and Tianjin. [pdf]
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According to BloombergNEF’s recently published Energy Storage System Cost Survey 2024, the prices of turnkey energy storage systems fell 40% year-on-year from 2023 to a global average of US$165/kWh. The research firm said this was the highest annual drop since its survey launched in 2017. [pdf]
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Thailand installed two sets of KSTAR 5kW+10kWh energy storage systems (BluE-5000D) in December 2020. The storage already provides a clean and stable night-time power supply at the Chumpoll Temple in Ayutthaya Province, Thailand. [pdf]
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Kathmandu, March 2, 2025 – The Nepal Electricity Authority (NEA) has prioritized the development of pumped storage hydropower projects to manage daily fluctuations in electricity demand and enhance the country’s energy security. [pdf]
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The average cost of lithium-ion batteries is about $115 per kWh in 2024, according to BloombergNEF. This price has dropped by 20% this year. Costs vary based on battery chemistry types and geographical location. [pdf]
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Long-duration energy storage technologies store excess power for long periods to even out the supply. In March 2024, the House of Lords Science and Technology Committee said increasing the UK’s long-duration energy storage capacity would support the UK’s net zero plans and energy security. [pdf]
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The 5 Latest Innovations in Renewable Energy Storage1. Providing a Second Life for Used Electric Vehicle Batteries Many renewable energy storage innovations involve building systems from scratch. . 2. Integrating Bidirectional Charging Technologies Into Electric Cars . 3. Designing a Modular Dam to Support Renewable Energy Storage . 4. Turning an Industrial Waste Product Into a Storage Option . 5. Developing Additives to Improve Battery Performance . [pdf]
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IE-Energy is planning to build a battery system of 50 MW, which means it would be the biggest in Southeastern Europe. The European Commission has approved, under the European Union’s aid rules, a EUR 19.8 million Croatian aid measure in favor of energy storage operator IE-Energy. [pdf]
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Future research trends in LUES include the integration of intelligent and renewable energy systems, the development of hybrid energy storage technologies, underground biomethanation, and new CAES technologies. [pdf]
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