Turkey-based developer and IPP Fortis Energy has acquired a solar and battery energy storage system (BESS) project in Serbia. The company plans to begin construction at the project, in Sremska Mitrovica, west of Belgrade, in 2025. In August 2024, Fortis Energy and Construction DOO Beograd (Fortis Energy) and POWERCHINA International Group Limited (POWERCHINA-INTL) signed a Framework Agreement to cooperate on the development and. . The global solar storage container market is experiencing explosive growth, with demand increasing by over 200% in the past two years. North America leads with 40% market. . State-owned power utility Elektroprivreda Srbije (EPS) and the Government of Serbia plan to develop a 500 MW wind farm project with a strategic partner, according to Aleksandar Latinović, Head of Ancillary Services at EPS. A THOUGHTFUL LOCATION GIGA Storage Belgium has chosen a strategic location on the Rotem industrial estate in Dilsen-Stokkem, next to the future high-voltage station of Elia, the op of stationary energy storage by 2050.
This is being built as part of a joint venture between VinES Energy Solutions, a subsidiary of the Vietnamese conglomerate Vingroup, and the Chinese battery manufacturer Gotion High-Tech. Marubeni Green Power Vietnam, a wholly owned subsidiary of Marubeni—one of Japan's largest general trading 'sōgō shōsha' companies—partnered with. . Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MOU”) with VinES Energy Solutions Joint Stock Company (hereinafter, “VinES”) to set out a framework for the development of a battery energy storage system project (hereinafter, the “Project”) in the. . Việt Nam Electricity (EVN) in August last year approved the country's first BESS pilot project, a 50MW/50MWh facility developed in partnership with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Việt Nam Energy. . Hanoi, June 30, 2023 – VinES Energy Solutions Joint Stock Company (a member of Vingroup) and Bach Khoa Investment & Development Of Solar Energy Corporation (SolarBK) signed a strategic agreement to promote “Make In Vietnam” integrated rooftop solar and battery energy storage systems (BESS). . Pre-fabricated containerized solutions now account for approximately 35% of all new utility-scale storage deployments worldwide. North America leads with 40% market share, driven by streamlined permitting processes and tax incentives that reduce total project costs by 15-25%.
