
Meralco PowerGen Corporation (MGEN), through its subsidiary Toledo Energy Development Corporation, has sealed an Engineering, Procurement, and Construction (EPC) agreement with Contemporary Amperex Technology Co., Limited (CATL) and SUMEC Complete Equipment and Engineering Co., Ltd. (SUMEC) for a 49-megawatt Battery Energy Storage System (BESS) in Toledo, Cebu. [pdf]

Recently, Egypt’s Ministry of Electricity and Renewable Energy, the Egyptian Electricity Transmission Company, and a consortium comprising Infinity Power and Hassan Allam Utilities Energy Platform formally signed an agreement to jointly develop solar power projects with a total installed capacity of 1.2GW, coupled with the construction of a 720MWh battery energy storage system. [pdf]

To sum up, the home energy storage power supply has many advantages such as energy storage, energy saving and environmental protection, efficient and convenient, and emergency rescue, but it also has disadvantages such as high initial investment cost, maintenance and maintenance costs, weight and volume restrictions, and limited service life and safety risks. [pdf]

Building on the results of an earlier report that analyzed the economic and financial viability of battery storage solutions in Armenia, this report focuses on assessing the country’s legal and regulatory framework to identify challenges to the deployment of energy storage and recommend options for necessary reforms that are tailored to the various possible energy storage business models. [pdf]
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