Market growth: 28% CAGR predicted for outdoor energy storage from 2023-2025 (Gartner, 2023). Cost drop: $0.22 per watt-hour in 2022 → $0.14 projected by 2025. User adoption: 67% of RV owners plan to upgrade storage by 2025 (Outdoor Industry Association). [pdf]
From ultra-high-capacity battery cells to AI-driven smart systems, the industry is accelerating toward higher efficiency, better safety, and long-duration performance. Here are ten of the most impactful new products launched in the first six months of 2025. [pdf]
Freetown, Sierra Leone | 10 April 2025: The Republic of Sierra Leone today announced the signing of a Memorandum of Understanding with Hecate Global Renewables (HGR), and Africa50 to develop 100 MW of Renewable Energy projects including Battery Energy Storage Systems (“BESS”). [pdf]
The BESS project will have an installed capacity of around 30 MWh, which will be installed at ENGIE Energía Perú’s ChilcaUno Thermoelectric Power Plant, and will allow the plant to operate at full capacity, which translates into more efficient energy for the country, as well as contributing to improve the stability of the national power grid. [pdf]
In 2025 there was just 2 GW of battery storage capacity installed, but by 2023 this grew to 89 GW – an increase of 4,350%, the UN report says. The global average cost of electricity generation for utility-scale solar PV decreased by 68% over the same period. [pdf]
PTTEP, Thailand’s national exploration and production company, has approved its final investment decision to build the country’s first carbon capture and storage (CCS) project at the Arthit gas field in the Gulf of Thailand. [pdf]
The signed Memorandum of Understanding (“MoU”) between Hecate Global Renewables (HGR), Africa50 and the Ministry of Energy outlines a road map towards the development of 100MW renewable energy projects including BESS over two phases to expand the country’s electricity generation and supply infrastructure over the next years. [pdf]
This landmark initiative, funded by the European Union and implemented by UNOPS and its hosted entity, Sustainable Energy for All (SEforALL), is a significant stride toward Sierra Leone’s goal of increasing energy access in rural communities nationwide by 2027, powered by solar mini-grids. [pdf]
[FAQS about Sierra Leone 20GWh energy storage project]
Romania expects its overall energy storage to amount to at least 2.5 GW in operating power at the end of 2025, and to expand to as much as 5 GW a year later, local media reported, citing Minister of Energy Sebastian Burduja. [pdf]
[FAQS about Romania Energy Storage 2025]
The typical flywheel energy storage system costs $1,500-$3,000 per kW installed. While this appears higher than lithium-ion's $800-$1,200 upfront cost, the long-term savings are dramatic: Example: A 1MW system operating 10 cycles daily: By year 15, the flywheel solution becomes 34% cheaper overall. [pdf]
[FAQS about Flywheel energy storage construction price]
FESSs have high energy density, durability, and can be cycled frequently without impacting performance. Therefore, the FESS is suitable for delivering high power and low energy content to the grid. These traits make it ideal for supporting short term frequency regulation in power systems. [pdf]
[FAQS about How to profit from flywheel energy storage and frequency regulation]
Recent data from the U.S. Department of Energy shows commercial-scale systems averaging $1,500-$3,000 per kW. But here's the kicker – some utility-scale installations have hit $800/kW through bulk purchasing, making Tesla's Powerwall blush. Case in point: New York's Beacon Power Plant. [pdf]
[FAQS about Hybrid energy storage flywheel cost]
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