Indonesia s energy storage product exports will be restricted
The Indonesian government, through the Ministry of Finance (“ MOF ”), has issued a new regulation to implement the latest export ban policy introduced under Ministry of Trade (“ MOT ”) Regulation No. 9 of 2025 concerning the Third Amendment to MOT Regulation No. 23 of 2023 on Export Policy and Regulation, dated March 6, 2025 (“ MOT Reg. 9/2025 ”). [pdf]
Vietnam safe energy storage project
This project, developed by Vietnam Electricity (EVN) in collaboration with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Vietnam Energy Institute, marks a crucial step towards Vietnam’s target of developing 300MW of energy storage by 2030, as outlined in the latest Eighth Power Development Plan (PDP 8). [pdf]
Africa Industrial Energy Storage Cooperation Program
The initiative, jointly launched by the UNECA in partnership with the Global Energy Interconnection Development and Cooperation Organization (GEIDCO), and the Association of Power Utilities of Africa (APUA), envisages providing training on EVs and energy storage technologies for Africa's sustainable development, the UNECA disclosed in a statement issued late Wednesday. [pdf]
Superconducting magnetic energy storage power station
Superconducting energy storage systems utilize superconducting magnets to convert electrical energy into electromagnetic energy for storage once charged via the converter from the grid, magnetic fields form within each coil that is then utilized by superconductors as magnets and returned through power converters for use elsewhere when required – like back into grid power or loads via power converters that manage the exchange. [pdf]
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