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PORTO ACCELERATES ITS RENEWABLE ENERGY ADOPTION

Tunisia energy storage project deployment accelerates

This five-year program of US$430 million — including US$30 million in concessional financing from the Climate Investment Funds — aims to support the Government of Tunisia to deliver a sustainable, reliable, and affordable electricity supply by accelerating renewable energy deployment, strengthening the performance of the national electricity utility (STEG), and enhancing overall sector governance. [pdf]

Industrial Park Container Energy Storage Project

With the company’s expanding production scale and increasing requirements for Enterprise Energy Management, the construction of an Industrial Park Energy Storage Solution helps the enterprise achieve Peak Shaving and Valley Filling, reduce electricity costs, and enhance the stability and reliability of power supply, ensuring smooth production.This project adopts Lithium Iron Phosphate (LFP) Batteries, featuring High Energy Density Batteries and Long Cycle Life Batteries, with an installation scale of 875 kW/1827 kWh. [pdf]

ASEAN Battery Energy Storage Box BESS

June 5, 2025 | Manila, Philippines – The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) announced a grant agreement to establish Enhancing Access to Battery Energy Storage System (BESS) for Low-carbon Economies (ENABLE), a platform dedicated to accelerating battery storage deployment across the Asia and Pacific region by pooling and concentrating the human and financial resources to fast-track BESS projects, together with other similar-minded development partners. [pdf]

Energy storage battery profit comparison

For example, the average revenue of an Electric Reliability Council of Texas (ERCOT) battery in 2023 was $182 per kilowatt per year, but the best-performing asset in the same region was closer to $300 per kilowatt per year, a 60 percent increase. 4 Similar dynamics—where there is a large spread between the best and worst performers—are observed in other grid-scale battery markets, such as the United Kingdom. 5 A variety of factors, including design choices such as battery duration and commercial strategy, can affect these outcomes. [pdf]

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