As for the average price, it landed at EUR 52,589.16 per MW per year in the auction. The lowest offer was EUR 43,927 per MW, by HELLENiQ Renewables, while the highest was EUR 58,773 per MW, by Plain Solar. Read MoreDownload files
On June 12th, Linyang Energy announced that a consortium formed by its Linyang Power Services and China Water Resources and Electric Power Corporation has successfully won the bid for the Mauritius government's grid side energy storage project, with a bid amount of 24.9889 million US dollars (excluding tax), equivalent to approximately 179 million yuan, accounting for 2.66% of the company's 2024 revenue. Read MoreDownload files
Battery pack prices fell 20 percent in 2024 to USD 115 per kWh, the largest annual decline since 2017, and global battery capacity installations nearly doubled to 69 GW in the same year. Read MoreDownload files
Mexico is gradually expanding financing mechanisms and incentives for industrial battery storage projects. Some companies can leverage financing solutions such as power purchase agreements (PPAs), leasing models, and government-backed incentives to reduce upfront costs. Read MoreDownload files
▪100% lower network tariffor storage devices with an in-built capacity above 0,5 MW with aFRR accreditation, only until end of 2026 ▪Electricity producers do not pay newtork tarif –also for storage installments during feeding-in ▪The new grid connection procedure will prefer co-located storage installments (hybrid systems) ▪Map of such solar power plants in function with an in-built capacity of at least 0.5 MW which have spare grid connection capacity –possibility for co-location for batteries. Read MoreDownload files
Among the possible solutions, several directions are being discussed: providing Ukraine with military assistance in the form of off-budget grants, utilizing credit resources under the G7 support scheme amounting to 50 billion dollars, as well as attracting funds from frozen assets of the Russian Federation. Read MoreDownload files
Scatec wins 123 MW battery storage bid in South Africa, securing $120M project to enhance grid stability and boost renewable energy integration through strategic BESS initiative. Read MoreDownload files
