
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 auction held by Polskie Sieci Elektroenergetyczne S.A. (PSE – an electricity transmission system operator in Poland and the sole operator of the country's high-voltage transmission lines, 100 percent owned by the State Treasury) on December 12, 2024, ended in the seventh Dutch auction round with a strike price of PLN 264.90/kW/year for Polish physical units and 247.87 PLN/kW/year for foreign physical units in the synchronous profile zone. [pdf]

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]

Each battery energy storage container unit is composed of 16 165.89 kWh battery cabinets, junction cabinets, power distribution cabinets, as well as battery management system (BMS), and the auxiliary systems of distribution, environmental control, fire protection, illumination, etc. inside the container; the battery container is 40 feet in size. [pdf]
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