Tag: BESS
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Vietnam Advances Ambitious Battery Storage Plans
Vietnam has set targets of 10,000–16,300 MW of battery storage by 2030 under its revised power plan, while formalizing BESS in law and working on tariffs, licensing, and incentives to scale from pilot projects to commercial deployment.
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Huawei Fusion Solar Hosts Global Installer Summit in Dongguan
Over 1,200 installers and partners convened in Dongguan for the 4th and 5th Huawei Fusion Solar Global Installer Summit to share strategies, unveil tools like Smart Design, and deepen collaboration in PV and energy storage markets.
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XCMG and Fortescue haul truck sale is the biggest. EV deal. EVER.
From pioneering its “world’s first” best-practice model for smart mining at China Huaneng’s Yimin Mine and winning the 2025 Decarbonizing Mining Award to ranking among the world’s top four open-pit heavy equipment makers, XCMG is rapidly building a reputation for building high-quality electric equipment options that can do all the work without any of the emissions.
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EXXON PUSHES INTO EV MARKET WITH GRAPHITE TECH PROMISING LONGER BATTERY LIFE
ExxonMobil says its new synthetic graphite can extend EV battery lifespan by ~30% and is being tested by several automakers. The company has also acquired Superior Graphite and is expanding its lithium production to cover most of the EV battery supply chain.
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SOUTHEAST U.S. LEADS EV AND BATTERY MANUFACTURING BUT POLICY SHIFTS THREATEN GROWTH
States like North Carolina, Georgia, and Tennessee have attracted over $20 billion in EV and battery investments, creating thousands of jobs. Federal rollbacks on clean energy credits and charging grants could slow this momentum.
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Brazilian solar sector hit by rising curtailment as grid strains
Solar curtailment in Brazil jumped to nearly 20% in early 2025, up from 12% a year earlier, as transmission limits and grid issues strain the system. The losses are costing the sector hundreds of millions of reals and raising investor concerns. Experts urge more storage and major grid upgrades to prevent deeper setbacks by 2030.
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Vistra chief warns: clean energy can’t yet match the reliability of fossil fuels
Jim Burke, CEO of Vistra, said that while wind, solar and battery storage are becoming cheap sources of electricity, they still lag behind thermal power plants (coal, gas, nuclear) in terms of reliability
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Honeywell launches All-In-One Battery Automation Platform
Honeywell introduced Ionic™ Modular All-In-One, a battery energy storage system with built-in energy management and control. It utilizes lithium-ion batteries (250 kWh to 5 MWh), cybersecurity protection, and helps businesses reduce energy costs, support renewable energy, and stabilize power demand.
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Abundant materials key to scaling long-duration energy storage
Jack Thomas of Innovation News Network argues that renewable energy will only be reliable if storage relies on cheap, abundant materials. He points to Elestor’s hydrogen-iron flow battery as a cost-effective route to secure, scalable power.
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Ukraine launches East Europe’s largest battery storage system ahead of winter
Ukraine has launched its largest energy storage project, a 200 MW battery system developed in partnership with the US company, Fluence. The six new facilities can power around 600,000 homes for two hours and will help keep the grid stable during Russian attacks.