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]
Companies investing in energy storage power
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]
Energy storage new energy prefabricated cabin
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]
Guinea wind power project supporting energy storage
In 2019, the Guinean government signed a memorandum of understanding with a Chinese company to develop a 120-megawatt wind farm The hybrid project, located in the Oriental Mindoro province, will combine an existing 16 MW wind power facility and a battery storage solution with an in-house central control system managing the energy produced at the plant. [pdf]
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