Nepal vanadium battery energy storage project
The project encompasses eight major tasks, including vanadium battery market analysis, vanadium leasing model assessment, vanadium supply and demand dynamics analysis, economic and financial evaluation, regulatory and legal review, macroeconomic and fiscal analysis, environmental and social impact assessment, and a roadmap for circular business model expansion. [pdf]
Second-life battery energy storage utilization
Based on cycling requirements, three applications are most suitable for second-life EV batteries: providing reserve energy capacity to maintain a utility’s power reliability at lower cost by displacing more expensive and less efficient assets (for instance, old combined-cycle gas turbines), deferring transmission and distribution investments, and taking advantage of power-arbitrage opportunities by storing renewable power for use during periods of scarcity, thus providing greater grid flexibility and firming to the grid. [pdf]
Abkhazia 350MW Compressed Air Energy Storage Project
Jointly invested and built by China Energy Engineering Group Co., Ltd. and Tai'an-based Taian Taishan New Energy Development Co., Ltd., the project has an investment of 2.23 billion yuan in the first phase, which includes construction of a 350-MW/1.4 million kWh generator unit based on the 325-degree Celsius low-melting point molten salt high-temperature thermal insulation compression technology. [pdf]
Dominica 2025 Energy Storage Project
Scheduled for completion in the second half of 2025, the facility, located in Laudat, a valley surrounding the capital, will harness the country’s volcanic potential, reduce dependence on fossil fuels, and provide clean and stable energy to approximately 23,000 homes, confirmed the Dominica Geothermal Development Company, a public-private partnership carrying out the project. [pdf]
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