POWER SOLUTIONS ENERGY STORAGE

Japanese Energy Storage Container Power Station Platform

NEW YORK & TOKYO – April 29, 2025 – The energy storage platform jointly established by Stonepeak and CHC (the “Platform”) today announced that it has secured 20-year fixed revenue capacity market contracts for five battery energy storage system (“BESS”) projects totaling 348MW of gross capacity in the latest round of Japan’s Long-term Decarbonization Auction (the “Auction”). [pdf]

Enterprises investing in energy storage power stations

Significant players active in energy storage projects include: (1) Tesla, a leader in battery technology, invests significantly in storage solutions, (2) Siemens, focusing on large-scale grid storage systems, (3) NextEra Energy, which allocates resources to renewable energy storage, and (4) LG Chem, enhancing lithium-ion battery production aimed at various applications. [pdf]

Vietnam Ho Chi Minh Pang Energy Storage Power Station

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]

Secondary utilization of power battery energy storage

It introduces secondary utilization modes of retired power battery, summarizes status and trend of scrapping and secondary utilization of power batteries in different cathode materials, points out the challenges and opportunities, analyzes the hidden dangers of power lithium ion batteries in production and vehicle-usage as well as the safety requirements and risks of the secondary utilization of the retired-power batteries in four different application scenarios. [pdf]

Chad Energy Storage Power Station Project

Chad Iriba 2.5MW/7.776MWh distributed photovoltaic + energy storage project landed in the Iriba region of the Republic of Chad in central Africa, using “photovoltaic + energy storage” integrated design, with a total installed capacity of 2.5 MW, supporting the 7.776 MWh lithium iron phosphate storage system, the goal is to solve the problem of local power shortages, and at the same time enhance the stability of the power grid to consume energy. [pdf]