€220 MILLION INFRASTRUCTURE PROJECT
Greek Energy Storage Project Partner
Athens, Greece / London, United Kingdom – October 9, 2025 – METLEN (RIC: MTLN.L, Bloomberg: MTLN.LN, MTLN.GA, ADR: MYTHY US) and Karatzis Group of Companies are entering into a new strategic partnership, through a joint venture with ownership stakes of 49% and 51% respectively, for the development, construction, operation, and energy management of a Battery Energy Storage System (BESS) with a capacity of 330MW / 790MWh in Thessaly, Greece. [pdf]
Costa Rica Energy Storage Integrated Battery Project
Two 40-foot- MTU battery containers from Rolls-Royce with a total storage capacity of 4,275 kWh and an output of 1,500 kVA are used to meet peak electricity demand, increase the company’s own use of solar power, and relieve pressure on the public grid. 690 photovoltaic panels with 255kWp capacity have been installed by solar provider Swissol SA, Alajuela, Costa Rica, on covered parking spaces at Proquinal and connected to the battery containers to support the system. [pdf]
Introduction to the Lithium Battery Energy Storage Project in Porto Portugal
Installed near Alcoutim, in the southern Portuguese region of the Algarve, the 5MW/20MWh battery system, Powin’s first project in Europe, enhances the site’s ability to dispatch renewable energy to the grid when it needs it most and optimizes grid stability, thus becoming an important tool in the expanding market for grid system services, according to a media release. [pdf]
Mongolia Energy Storage Power Station Project
The construction of a 50 MW/200 MWh Battery Storage Power Station on a 5-hectare area built upon the “Baganuur” substation in the Baganuur district of Ulaanbaatar is progressing successfully.On October 5, 2024, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai visited the Battery Storage Power Station, a project implemented by the Governor’s Office of Ulaanbaatar as part of the Government of Mongolia’s energy reform. [pdf]
Power storage 30 million kilowatts
Liu Yafang, Deputy Director of the Science and Technology Department of the National Energy Administration, said that it is expected that by the end of 2025, the installed capacity of new energy storage in the power system will reach more than 30 million kilowatts, with an average annual growth of more than 50%, effectively supporting the construction of a clean, low-carbon, safe and efficient energy system. [pdf]
1h energy storage project price
In terms of price, the bid prices for 1-hour energy storage systems ranged from 1 yuan/Wh to 1.36 yuan/Wh, with an average bid price of 1.22 yuan/Wh; the bid prices for 2-hour energy storage systems ranged from 0.74 yuan/Wh to 1.26 yuan/Wh, with an average bid price of 0.93 yuan/Wh; and the bid prices for 4-hour energy storage systems ranged from 0.61 yuan/Wh to 1.13 yuan/Wh, with an average bid price of 0.77 yuan/Wh. [pdf]
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