
Recently, multiple energy storage battery and material projects have announced updated progress: CATL's 80 GWh project has entered steel structure construction, Shenzhen Pengcheng Infinite New Energy Co., Ltd. launched the building of a 27 GWh energy storage cell base, 3d (Longyan) Battery Technology Co., Ltd.'s 1 GWh solid-state lithium battery project officially broke ground, and Tianmulake Excellent Anode Materials Co., Ltd.'s lithium battery material project was signed and finalized. [pdf]

Accordi to Embassy of the Republic of Turkey, Turkey has introduced a number of incentives and regulations to achieve its goal of 80 gigawatt-hours (GWh) of energy storage by 2030, while agreements for the energy sector to set up cell and battery factories have exceeded $1 billion (TL 35 billion) this year, an association head of the Turkish battery industry said on Dec. 23, 2024, according to the Turkish Embassy in Beijing. [pdf]

Paris & Mahé, August 20, 2025 – Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. [pdf]

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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