Portugal’s public electricity generation company EDP will use two types of renewable energy sources and two types of energy storage technology in a single power generation area. According to the company’s statement, a 5 MW floating solar power plant will…

Greek Minister of Energy and Environment Kostas Skrekas announced that they will increase their 2030 energy storage target. In a meeting with members of the US House of Representatives Energy and Commerce Committee, Skrekas stated that their country’s renewable energy…

Kontrolmatik technology announced that it plans to commission Progresiva ESS-1 Independent Lithium-Ion Energy Storage Facility, which will be Turkey’s first lithium-ion energy storage facility, within 2.5 years. According to the written statement released by the company, Progresiva Energy Investments Inc.,…

The Energy Market Regulatory Authority (EPDK) has announced that applications for electricity storage facilities will be accepted. The announcement reminds that the legal infrastructure for electricity storage has been completed and it is stated that applications will be accepted as…

The Energy Market Regulatory Authority (EPDK) has updated the “Reference Construction Periods to Determine Preliminary License Periods and Facility Completion Dates” decision. With the decision dated 30 September 2021 published in today’s Official Gazette, the previous decision published in the…

Japan and Turkey to continue their collaboration on energy storage Minister of Energy and Natural Resources, Fatih Donmez, stated that despite the suspension of the Sinop Nuclear Power Plant Project, collaborations with Japan in the field of energy will continue.…

Bloomberg New Energy Finance has released its “Energy Storage Outlook 2019” report. According to the statement made regarding the report, energy storage capacity, which was at the level of 9GW/17GWh at the end of 2018, will increase 122 times to…

Preparations have started for a solar power plant with an energy storage system to be established in the Turkish Republic of Northern Cyprus. The draft Technical Specification, prepared by the Cyprus Turkish Electricity Authority (KIB-TEK), has been made available for…

Australia is predicted to be the leader in residential energy storage in 2019, according to Bloomberg New Energy Finance. The forecast indicates that more than 70,000 homes in the country will install energy storage units this year. Low interest rates…

Bloomberg New Energy Finance (BNEF) has revised its long-term forecast for growth in energy storage. According to the report titled “Long-term Energy Storage Outlook,” global energy storage capacity will reach 942 GW/2,857 GWh by 2040, with an investment of $620…