A 300 MW compressed air energy storage (CAES) power station utilizing two underground salt caverns in central China's Hubei Province was successfully connected to the grid at full capacity, making it the largest operating project of the kind in the world. From ESS News. The 60 MW/600 MWh storage project is colocated with a 250 MW photovoltaic plant allowing for a high level of green energy self-sufficiency. First proposed in the mid-20th century, CAES technology has gained renewed attention in the. . The Huaneng Jintan Salt Cavern Compressed Air Energy Storage (CAES) Phase II project – the world's largest CAES facility – completed the hoisting of its turbine unit on Thursday, marking the start of main equipment installation in east China's Jiangsu Province. The turbine, known as the "heart" of. . Willow Rock: Hydrostor's hard rock A-CAES facility will deliver long-duration, zero-emission storage for California's carbon-free future. As California accelerates its shift to carbon-free electricity and the US focuses on energy security, long-duration energy storage has become not just important. .
[PDF Version]
With the International Energy Agency estimating a need for up to 120 TWh of LDES by 2040, about ten times today's capacity, Sizable targets and constraints are facing onshore pumped hydro (slow builds, geographic limits, environmental concerns) with an offshore solution that is modular. . With the International Energy Agency estimating a need for up to 120 TWh of LDES by 2040, about ten times today's capacity, Sizable targets and constraints are facing onshore pumped hydro (slow builds, geographic limits, environmental concerns) with an offshore solution that is modular. . Rigorous tests confirm offshore pumped hydro system can operate reliably in harsh ocean environments ahead of pilot in the Mediterranean Sea Sizable Energy successfully confirmed that its ocean energy storage system can operate reliably in harsh ocean environments in the wave basin at the Maritime. . Ocean energy storage startup Sizable Energy just raised $8 million to bring its long-duration offshore pumped hydro system to market. The round was led by Playground Global, with backing from Exa Ventures, Verve Ventures, Satgana, EDEN/IAG, and Unruly Capital. The funding will help Sizable move. . The funding will support Sizable Energy's efforts to commercialise its offshore pumped storage system, following successful testing in the Netherlands and new sea trials underway off the coast of Italy.
[PDF Version]
London and New York, January 26, 2026 – BloombergNEF's (BNEF) annual Energy Transition Investment Trends (ETIT) finds that global investment into the energy transition hit a record $2. 3 trillion in 2025, up 8% from the prior year. The global investment in energy storage and new energy is substantial, with figures nearing hundreds of billions annually. Key trends indicate a robust growth trajectory fueled by technological advancements, market demands. . Global energy investment is set to reach an unprecedented $3. Most of this money is flowing to two. .
[PDF Version]
A: In 2025, investment in clean technologies such as renewables, nuclear, electricity grids, storage, low-emissions fuels, efficiency measures and electrification, is projected to hit $2.2 trillion. Fossil fuel investment into oil, natural gas and coal is expected to total $1.1 trillion. Q: Which country is leading global energy investment?
How much is energy investment compared to fossil fuels?
A: Global energy investment is set to reach a record $3.3 trillion in 2025, with clean energy technologies attracting more than twice the capital of fossil fuels, reflecting a major global shift toward sustainability. Q: How is investment divided between clean energy and fossil fuels?
Around USD 2.2 trillion is going collectively to renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification, twice as much as the USD 1.1 trillion going to oil, natural gas and coal.
What are the different types of energy storage technologies?
Pumped hydro, batteries, hydrogen, and thermal storage are a few of the technologies currently in the spotlight. The global battery industry has been gaining momentum over the last few years, and investments in battery storage and power grids surpassed 450 billion U.S. dollars in 2024. Find the latest statistics and facts on energy storage.
The 'SNEC ES+ 10th International Energy Storage Technology and Equipment Exhibition and Conference' co-organized by the Global Green Energy Council, Asia-Pacific New Energy Industry Association, China Renewable Energy Society, and others is set to take place from October 10 to 12 . . The 'SNEC ES+ 10th International Energy Storage Technology and Equipment Exhibition and Conference' co-organized by the Global Green Energy Council, Asia-Pacific New Energy Industry Association, China Renewable Energy Society, and others is set to take place from October 10 to 12 . . Join Sumitomo Electric USA as we showcase our latest energy storage solutions for renewable energy transition. Discover innovations in energy storage technology that are driving the future of sustainable energy and resilience in North America. The event spans over 60,000 square meters and is expected to attract more than 500 leading exhibitors and 50,000+ professional visitors from around the globe. It runs. . EASE is glad to support the 13th Energy Storage International Conference and Expo (ESIE 2025), which will take place from 10 – 12 April 2025, at the Capital International Exhibition & Convention Center. As the largest and most comprehensive venue of its kind in Beijing, the location combines an. .
[PDF Version]
Developers added 12 gigawatts (GW) of new utility-scale solar electric generating capacity in the United States during the first half of 2025, and they plan to add another 21 GW in the second half of the year, according to our latest survey of electric generating capacity changes. . Electricity generation by the U. In our latest Short-Term Energy Outlook (STEO), we expect U. 6% in 2027, when it reaches an annual total of 4,423 BkWh. The. . The US solar industry installed 7. 5 gigawatts direct current (GW dc) of capacity in Q2 2025, a 24% decline from Q2 2024 and a 28% decrease since Q1 2025. 2 TW dc • China continued to dominate the global market, representing ~60% of 2024 installs, up 52% y/y. Solar continues to dominate new capacity additions and has held the lead among all energy sources for 27 consecutive months, according to data released by the Federal. . In the first six months of 2025, the world added 380 GW of new solar capacity — 64% higher than during the same period in 2024, when 232 GW were installed.
[PDF Version]
5MW/5MWh Energy Storage Container System Has Been Successfully Delivered to Lebanon. . By 2025, Lebanon's renewable energy capacity has grown 18% year-over-year [1], but. Lebanon is a small Middle East nation situated on the eastern coast of the Mediterranean Sea in Western Asia. Take the new Jounieh Microgrid Project combining 50MW solar PV with 120MWh flow batteries. This system can power 40,000 homes for 6 hours during outages while maintaining 92% round-trip efficiency [2]. The National Energy Storage. . Ever wondered how a sun-drenched country like Lebanon could turn its 300+ annual sunny days into 24/7 clean energy? Enter the 2025 Lebanon Photovoltaic Energy Storage Station – a game-changer that's about as revolutionary as the first espresso machine in an Italian coffee shop. This $120 million. . The 2. Replacing fossil ojects planned to be implemented by 2025. So far, completed ESS proje -and-floor mechanism for LDES technology. Energy investment in the Middle. . Global PV inverter manufacturer and energy storage solutions provider Sungrow will supply equipment including battery storage to eight solar microgrid projects in Lebanon. Sungrow has signed deals with undisclosed local partners for what will be the first utility-scale microgrids to be built in the. .
[PDF Version]