In 2011, The United States and Saudi Arabia jointly set up a solar-research station in Al-Uyaynah village. The village, located about 30 miles northwest of Riyadh, had no electric supply at the time. The station is operated by the King Abdulaziz City for Science and Technology. The agency established an experimental assembly line at the site to manufacture solar panels. The equip. [pdf]
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Inaugurated in 2018 by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, the King Salman Energy Park (SPARK) is a world-class hub for the region's energy sector, providing a full range of solutions to support businesses in Saudi Arabia. [pdf]
The contracts were awarded to Chinese manufacturer HiTHIUM and Saudi EPC contractor Alfanar Projects. Each site, located in Tabuk and Hail provinces, will feature a 500 MW, four-hour system, with each project offering 2.45 GWh of storage. [pdf]
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In 2011, The United States and Saudi Arabia jointly set up a solar-research station in Al-Uyaynah village. The village, located about 30 miles northwest of Riyadh, had no electric supply at the time. The station is operated by the King Abdulaziz City for Science and Technology. The agency established an experimental assembly line at the site to manufacture solar panels. The equip. solarpowerworldonline.com [pdf]
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ITER (initially the International Thermonuclear Experimental Reactor, iter meaning "the way" or "the path" in Latin) is an international research and engineering aimed at creating energy through a fusion process similar to that of the . It is being built next to the facility in southern France. Upon completion of the main reactor and first plasma, plann. On April 24, 2025, Shanghai Guoneng Hudian (Shanghai) Engineering Technology Co., Ltd. and the Hainan New Energy Development Company announced the procurement of a 25MW/50MWh energy storage system for the 100MW agricultural photovoltaic complementary power generation project located in Yangjiang Town, Qionghai City, Hainan Province. [pdf]
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The European Commission on Wednesday approved up to 5.2 billion euros (roughly $5.2 billion) in public funding for hydrogen projects, a move it said could unlock a further 7 billion euros of investments from the private sector. [pdf]
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SolaX Power invests $1.498 billion to establish a cutting-edge energy storage research and manufacturing facility in Zhejiang Province, China, focusing on utility-scale solutions and intelligent energy systems. [pdf]
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Energy storage (ES) can mitigate the pressure of peak shaving and frequency regulation in power systems with high penetration of renewable energy (RE) caused by uncertainty and inflexibility. However, the de. [pdf]
More than $5 billion was invested in BESS in 2022, according to our analysis—almost a threefold increase from the previous year. We expect the global BESS market to reach between $120 billion and $150 billion by 2030, more than double its size today. [pdf]
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