
NEW YORK & TOKYO – April 29, 2025 – The energy storage platform jointly established by Stonepeak and CHC (the “Platform”) today announced that it has secured 20-year fixed revenue capacity market contracts for five battery energy storage system (“BESS”) projects totaling 348MW of gross capacity in the latest round of Japan’s Long-term Decarbonization Auction (the “Auction”). [pdf]

Damascus: The Ministry of Energy of the Syrian Arab Republic and ACWA Power, the world’s largest private water desalination company, a leader in the global energy transition, and a first mover in green hydrogen, announced the signing of a Joint Development Agreement (JDA) to study develop approximately 2.5 GW of solar and wind capacity — alongside energy storage and a proposed national technical training centre — in the Syrian Arab Republic. [pdf]

The project will provide four medium speed, four stroke, heavy fuel oil (HFO) driven generators with a capacity of 15 MW each; a power station building; two 1000 cubic metre tanks for the storage of HFO; and one 132 Kv substation for connection of the power plant to the existing electricity grid belonging to the Central Electricity Board (CEB), the State owned electricity utility in Mauritius. [pdf]

Energy storage fast charging batteries are specialized types of batteries designed to efficiently store and release energy at a rapid pace, they serve various applications, including electric vehicles, grid energy storage, and portable electronics, their ability to quickly recharge and discharge is pivotal for enhancing overall energy management, one major variant is lithium-ion technology, known for high energy density and longevity. [pdf]

The Ubolratana Dam hydro-floating solar hybrid power plant, located in Thailand's northeastern Khon Kaen province, integrates floating solar panels, clean hydropower, high-efficiency energy storage systems, and smart energy management systems, according to Dongfang Electric International Corporation, one of the world's largest manufacturers of power-generating equipment that built the project with its Thai partner. [pdf]
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