
This project, developed by Vietnam Electricity (EVN) in collaboration with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Vietnam Energy Institute, marks a crucial step towards Vietnam’s target of developing 300MW of energy storage by 2030, as outlined in the latest Eighth Power Development Plan (PDP 8). [pdf]

On December 29, 2024, with the energized operation of all equipment in the 750 kV Desert Substation, the 750 kV Dingzikou Transmission and Transformation Project, a supporting power grid project for the "Shagohuang" large-scale wind power and photovoltaic base in Northwest China's Qinghai, was completed and put into operation, adding another "green power highway" to the development and utilization of new energy and power supply in Qinghai Province. [pdf]

This project encompasses the establishment of a floating storage and regasification unit (FSRU) designed to import, store, and convert liquefied natural gas (LNG) into fuel; the modernisation of the current 465 MW Deir Ammar I power plant into a cleaner, higher-capacity Independent Power Producer (IPP); and the construction of a new 825 MW combined-cycle gas turbine (CCGT) plant, Deir Ammar II. [pdf]

Recently, multiple energy storage battery and material projects have announced updated progress: CATL's 80 GWh project has entered steel structure construction, Shenzhen Pengcheng Infinite New Energy Co., Ltd. launched the building of a 27 GWh energy storage cell base, 3d (Longyan) Battery Technology Co., Ltd.'s 1 GWh solid-state lithium battery project officially broke ground, and Tianmulake Excellent Anode Materials Co., Ltd.'s lithium battery material project was signed and finalized. [pdf]

Recently, Egypt’s Ministry of Electricity and Renewable Energy, the Egyptian Electricity Transmission Company, and a consortium comprising Infinity Power and Hassan Allam Utilities Energy Platform formally signed an agreement to jointly develop solar power projects with a total installed capacity of 1.2GW, coupled with the construction of a 720MWh battery energy storage system. [pdf]
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