
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]

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]

Significant players active in energy storage projects include: (1) Tesla, a leader in battery technology, invests significantly in storage solutions, (2) Siemens, focusing on large-scale grid storage systems, (3) NextEra Energy, which allocates resources to renewable energy storage, and (4) LG Chem, enhancing lithium-ion battery production aimed at various applications. [pdf]

The emergence of the 5MW supercapacitor prefabricated cabin, with its characteristics of "high power density, millisecond-level response, and modular prefabrication," has become a key device to solve the pain points of large-scale short-term energy storage, opening up a new path of "fast response and easy deployment" for large-scale energy storage applications. [pdf]
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