Funafoti recent energy storage projects
FUNAFUTI, TUVALU (20 November 2024) — The Asian Development Bank (ADB) and the Government of Tuvalu today commissioned 500 kilowatt on-grid solar rooftops in Funafuti and a 2 megawatt-hour battery energy storage system (BESS) that will provide clean and reliable electricity supply to the country’s capital and help achieve the government’s ambitious renewable energy targets. [pdf]
Energy storage manufacturing projects under construction
The largest upcoming BESS projects in the world include BYD’s 12.5 GWh project in Saudi Arabia, Grenergy’s 11 GWh Oasis de Atacama project in Chile, and Sungrow’s 7.8 GWh deployment in Saudi Arabia lead the pack, PowerChina’s 6 GWh project in Inner Mongolia and India’s Green Energy Corridor in Ladakh, which includes a 12 GWh storage component, also rank among the world’s most ambitious undertakings. [pdf]
New energy storage drives over 100 billion yuan investment
According to the data of the National Energy Administration, from the perspective of investment scale, since the "14th Five-Year Plan", the new new energy storage capacity has directly promoted economic investment of more than 100 billion yuan, driven the further expansion of the upstream and downstream of the industrial chain, and become a "new driving force" for China's economic development. [pdf]
Energy storage battery projects under construction in Asia
These include the signing and landing of the 20 GWh sodium-ion battery project in Suining, Sichuan; the Jinlongyu solid-state battery materials project in Huizhou entering the approval stage; the rapid construction of the 4 GWh lithium battery project by Hubei Yijia Tong Technology Co., Ltd. in Hubei; and the steady advancement of Gaiya New Energy’s 3 GWh large cylindrical lithium (sodium) battery base in Zhejiang. [pdf]
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