
Bogotá, 19 November 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America, and Erco Energía, a leading Colombian renewable energy developer, with support from the European Union, today announced the inauguration of the Pétalo del Norte I solar power plant in northern Colombia and development funding for the neighbouring Pradera solar-plus – storage plant. [pdf]

On July 5, 2025, a joint venture composed of China Energy Construction China Power Engineering International, East China Electric Power Design Institute and Hunan Thermal Power Construction Co., Ltd. officially signed an early working agreement with Abu Dhabi Future Energy Company (Masdar) in Oman for the early work of the Ibri 3 photovoltaic energy storage power station project in Oman, marking the official entry of this major new energy project into the performance stage. [pdf]

This groundbreaking project, located on the coastal tidal flats of the Yudong Reclamation Area in Rudong County, marks a significant milestone as China's first integrated offshore facility combining PV power generation, hydrogen production and refueling, and energy storage, all within a framework of comprehensive energy utilization and coastal ecological restoration. [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]
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