New energy and energy storage project construction
NYCIDA closed its largest battery energy storage project to date, the East River Energy Storage Project, located on an industrial site on the East River in Astoria, Queens. When built, the facility will be able to hold up to 100 megawatts (MW) and power over tens of. . QUEENS, NY —Today, New York City Economic Development Corporation (NYCEDC) and the New York City Industrial Development Agency (NYCIDA) announced the advancement of a key commitment in New York City's Green Economy Action Plan to develop a clean and renewable energy system. [PDF Version]
Latvia factory solar energy storage project
The project will comprise a 65 MW solar park and a 92 MWh battery energy storage system (BESS) across approximately 96 hectares. . European Energy has secured EUR 37. The storage system is designed to support grid stability, balance. . Local authorities are responsible for municipal energy supply and renewable energy projects, with Latvia's energy transition guided by the National Energy and Climate Plan and the Energy Strategy 2050. Latvia's Energy Strategy 2050 outlines major changes in renewable energy production and storage. . RIGA, LATVIA – [Date of Publication] – SUNOTEC, a leading international renewable energy developer, has announced a significant milestone in its European expansion with the acquisition of a project site in Latvia capable of hosting a 400MWp solar photovoltaic (PV) power plant and a 600MWh Battery. . Total installed capacity grows to over 75 MW as new solar and energy storage projects begins construction. The Tārgale Wind Park, initially launched in 2022 with an annual generation. . [PDF Version]
Uganda Air Energy Storage Project
The 100 MWp solar photovoltaic (PV) power plant integrated with a 250 MWh battery energy storage system (BESS) project will be delivered by U. -based Energy America, and its regional subsidiary EA Astrovolt will serve as lead developer and execution partner. A major solar-plus-storage has been approved by the Government of Uganda, with the project set for Kapeeka Sub‑County, Nakaseke District, approximately 62 kilometers northwest of. . Located in Kapeeka, Nakaseke District, the plant will be equipped with technology designed for tropical and equatorial climates. Image: Raze Solar via Unsplash. By integrating intermittent renewable sources, enhancing grid stability, expanding energy access, and fostering economic growth, BESS can accelerate Uganda's ambitious goals of universal energy access by 2030. . SAN FRANCISCO, CA, UNITED STATES, August 7, 2025 / EINPresswire. [PDF Version]
Solar Energy Storage Project in Mongolia
This will be one of Mongolia's largest renewable energy procurements and the country's first solar and BESS auction. The project is designed to enhance grid reliability, reduce dependence on fossil fuels and imported electricity, and deliver clean, affordable energy to. . ULAANBAATAR, MONGOLIA (30 October 2025) — The Asian Development Bank (ADB) has been engaged by the Government of Mongolia to provide transaction advisory services for the Stable Solar Energy in Mongolia Project, which aims to develop about 115 megawatts (MW) of solar photovoltaic capacity and 65 MW. . With Premium at 85% off, start the year prepared with grant intelligence that works year-round. In a statement, the ADB said it aims to develop about 115 megawatts of solar. . The partnership aims to construct 300MW of solar power facilities and 200MW of wind power plants with energy storage by 2028. Credit: William Barton/Shutterstock. “ADB is proud to support Mongolia in advancing its clean energy transition through innovative renewable energy and storage solutions,” said Shannon Cowlin, ADB. . Mongolia is embarking on an ambitious journey to enhance its energy landscape through a strategic partnership with the European Bank for Reconstruction and Development (EBRD). [PDF Version]
The future of new energy storage
While lithium-ion remains dominant, pressure is building for longer-duration storage, safer chemistries and more resilient supply chains in the face of AI-driven load growth, data center demand, wildfire risks and tightening domestic content rules. . The energy storage industry walked a bumpy road in 2025, but eyes are turning toward 2026's tech stack. Advances in solid-state, sodium-ion, and flow batteries promise higher energy densities, faster charging, and longer lifespans, enabling electric vehicles to travel farther, microgrids to. . [PDF Version]FAQS about The future of new energy storage
What is the future of energy storage?
Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.
Are batteries the future of energy storage?
Developments in batteries and other energy storage technology have accelerated to a seemingly head-spinning pace recently — even for the scientists, investors, and business leaders at the forefront of the industry. After all, just two decades ago, batteries were widely believed to be destined for use only in small objects like laptops and watches.
Are energy storage systems positioned to solve the energy transition?
Clean power sources reached 40.9% of global electricity generation in 2024, marking a significant milestone in the energy transition. However, the inherent intermittency of these sources—the sun doesn't always shine, and the wind doesn't always blow—creates a fundamental challenge that energy storage systems are uniquely positioned to solve.
What is the role of storage in energy transition?
The essential role of storage in energy transition cannot be overstated. As renewable energy sources approach majority shares of electricity generation in many regions, storage becomes indispensable for maintaining grid stability, reliability, and efficiency.