Baghdad, Iraq – May 3, 2024 – Shanghai Nenghui Energy Storage Co., Ltd. (Nenghui), a global leader in renewable energy solutions, has successfully commissioned a state-of-the-art 125kW solar + 330kW/763kWh energy storage system in Baghdad, Iraq.
Rye Development of Boston is hoping to build Washington’s first pumped storage project for $2 billion in southern Klickitat County near the John Day Dam and having it in operation between 2028 and 2030.
Attaqa Mountain Pumped Storage Power Plant is an ongoing power plant currently in development with a planned total capacity of 2400. It is located in , and is set to be completed in 2024. Egypt plans to relaunch a tender for a contract to develop the country’s first pumped-storage plant at Mount Attaqa, following a contractor’s failure to secure funding for the project. Indian, Chinese, and European companies have shown initial interest in the scheme, according to local reports.
One of the largest pumped storage power stations in the world. First Class Hydro Power Station award in PRC in 1996. Unmanned operation in 2001. Selected as one of 100 projects to commemorate the 60th anniversary of the founding of New China.
The Pyongyang storage facility, operational since Q4 2024, uses lithium iron phosphate (LFP) batteries with 180MWh capacity - enough to power 60,000 homes for 3 hours during outages. This isn't just about keeping lights on; it's about enabling industrial growth in the nation's capital region.
Zambian developer GEI Power and Turkish energy technology firm YEO are aiming to have a 60MWp PV, 20MWh BESS project in Zambia online by September 2025. The project will require US$65 million of investment and will assist in mitigating power shortages in the country, the Ministry of Energy said.
When you think of cutting-edge energy storage, North Korea might not be the first country that comes to mind. But here’s the twist: this isolated nation has been quietly developing energy storage batteries to combat chronic power shortages.
In September 2024, DOE announced up to $100 million in funding to support pilot-scale energy storage demonstration projects. For the first stage of this process, OCED required Concept Paper submittals and reviewed 141 submissions, of which 41 were encouraged to submit a Full Application.
The companies Proquinal – a member of the Spradling Group – and Swissol, accompanied by government authorities, inaugurated the largest and most innovative project for the storage of alternative energy in Costa Rica, which will help reduce the pressure on public electricity generation while also contributing to the country’s carbon neutrality strategy.
The total project cost is approximately 79 million euros. The projects are financed through non-recourse project finance debt, including from the European Bank of Reconstruction and Development (“EBRD”) and Société de Promotion et de Participation pour la Coopération Economique (“Proparco”).
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