China Southern Power Grid is actively investing in user-side energy storage through various initiatives:They are developing a trading mechanism to adapt to new energy storage technologies and virtual power plants, promoting market construction in southern provinces1.A cooperation agreement has been signed with Nio Power to collaborate on battery banks and battery swap stations, enhancing their energy storage capabilities2.The company has launched China's first major sodium-ion battery energy storage station, showcasing their commitment to advancing energy storage solutions3.These efforts reflect China Southern Power Grid's strategic focus on integrating user-side energy storage into their operations. [pdf]
[FAQS about China Southern Power Grid invests in energy storage]
A joint venture (JV) between the two Chinese companies will deliver the 54MW/54MWh Ombuu battery energy storage system (BESS) project in Namibia’s Erongo Region, at the existing Omburu Substation. [pdf]
Return, Europe’s leading independent energy storage provider, has announced the next phase of project Mufasa—one of the largest battery energy storage systems (BESS) in Europe—developed under its Lion Storage brand. [pdf]
[FAQS about Germany invests in energy storage project in Hamburg]
Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG), along with French oil and gas supermajor, TotalEnergies, and its partners have made a Final Investment Decision (FID) of $850 million for the launch of the CLOV Phase 3 Project in Block 17, offshore Angola. [pdf]
[FAQS about Angola invests in energy storage project]
Ukraine is set to build its first float glass manufacturing plant in the Kyiv region by 2028. Investors from NovaSklo, alongside representatives from the Ministry of Economy of Ukraine and the government investment office UkraineInvest, officially announced the project’s launch today. [pdf]
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