As part of its ambitious energy transition, South Korea is launching a major procurement effort for battery energy storage systems (BESS), seeking to add 540MW of new capacity to its grid infrastructure.
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Completed in Q1 2025, this 3. 5MW/14MWh facility combines lithium-ion batteries with AI-driven energy management.
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The Republic of Cyprus has secured 40 million euros from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables.
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The newly completed 12MWh energy storage project, which was developed in collaboration with SchneiTec, a renewable energy developer, features a 2MWh testbed designed to validate Huawei's Smart String grid-forming energy storage technology.
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