New energy storage drives over 100 billion yuan investment
According to the data of the National Energy Administration, from the perspective of investment scale, since the "14th Five-Year Plan", the new new energy storage capacity has directly promoted economic investment of more than 100 billion yuan, driven the further expansion of the upstream and downstream of the industrial chain, and become a "new driving force" for China's economic development. [pdf]
Oman Energy Storage Power Station Project
On July 5, 2025, a joint venture composed of China Energy Construction China Power Engineering International, East China Electric Power Design Institute and Hunan Thermal Power Construction Co., Ltd. officially signed an early working agreement with Abu Dhabi Future Energy Company (Masdar) in Oman for the early work of the Ibri 3 photovoltaic energy storage power station project in Oman, marking the official entry of this major new energy project into the performance stage. [pdf]
Colombia solar Energy Storage Project
Bogotá, 19 November 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America, and Erco Energía, a leading Colombian renewable energy developer, with support from the European Union, today announced the inauguration of the Pétalo del Norte I solar power plant in northern Colombia and development funding for the neighbouring Pradera solar-plus – storage plant. [pdf]
Dominica 2025 Energy Storage Project
Scheduled for completion in the second half of 2025, the facility, located in Laudat, a valley surrounding the capital, will harness the country’s volcanic potential, reduce dependence on fossil fuels, and provide clean and stable energy to approximately 23,000 homes, confirmed the Dominica Geothermal Development Company, a public-private partnership carrying out the project. [pdf]
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