50 OF SOUTH TARAWA HOUSEHOLDS

Mandatory energy storage for households

Mandatory energy storage for households

Since February 2025, when the National Development and Reform Commission (NDRC) and the National Energy Administration issued the "Notice on Deepening the Market-oriented Reform of New Energy Feed-in Tariffs to Promote High-quality Development of New Energy," explicitly abolishing the mandatory energy storage requirements for new energy projects, the national and local levels have successively introduced a series of new policies. [pdf]

South America solar Power Station Energy Storage Project

South America solar Power Station Energy Storage Project

Sunny Power signed a 650MW PV project in Brazil in 2022, and also signed a 500MW distribution agreement with Brazil's SOL+Distribuidora last year.On January 12, BYD and Spain's Grenergy reached a procurement agreement for a 1.1GWh energy storage system for the world's largest energy storage project, the 4.1GWh energy storage project in Chile's Atacama Oasis, supplying it with 2,136 Magic Cubes. [pdf]

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