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was signed with the power company CGN Donetsk region with local partners. It would BATTERY STORAGE
Energy, also under Chinese control. be the biggest onshore unit of its kind in
With the measure, China expands its Europe. Battery energy storage
participation in the renewable energy industry WindFarm signed a contract with
in Brazil, where it already has a dominant PowerChina for the 800MW facility, which market to hit $19.74bn
position in the supply of modules for solar aims to sell electricity without government
plants, but little presence so far in the wind subsidies, the companies said. The global battery energy storage market
segment. “It means that the wind power sector size is projected to reach $19.74bn by 2027,
“We confirmed the contracting of of Ukraine is entering a new phase of its exhibiting a compound annual growth rate
Goldwind to supply 18 GW155 wind turbines, development, based on competitive market (CAGR) of 20.4% during the forecast period.
totaling 82.8MW of installed power,” said conditions. Secondly, this project envisages Improving access to electricity across the
CGN. local wind equipment production,” said globe will be a prominent trend shaping the
CGN also indicated that the equipment Chairman of the Board of the Ukrainian growth trajectory of this market, said Fortune
will be used to expand its Lagoa do Barro Wind Energy Association (UWEA) Andriy Business Insights in its recent report called
wind farm in Piauí. Konechenkov. Battery Energy Storage Market Size, Share &
Goldwind said that delivery of the wind The wind park is planned to be built in COVID-19 Impact Analysis.
turbines should begin in 2021 and that, Donetsk in southeast Ukraine, in the districts According to a 2019 report produced by
with this contract, the company reaches the of Manush and Nikolske, or Nikolsky. the International Renewable Energy Agency
mark of “almost 500 megawatts” of capacity Participants at the signing ceremony (IRENA), the International Energy Agency
negotiated in Brazil. estimated it would be worth at least $1bn. (IEA), the World Bank, the WHO, and the
The company had announced in the Nearby parts of Donetsk are controlled by UN, 87% of the global population had access
country, until now, only agreements that pro-Russian rebels. to electricity in 2015 and by 2017 it had risen
involved repairs and works to resume the WindFarm’s Director Yuriy Zhabskyy said to 89%.
operation of plants with old wind turbines, the power plant would be installed “in the However, the report highlights that
signed with the state company Chesf, of shortest possible time” but failed to determine approximately 840 million people still lack
Eletrobras, and the generator Energimp. a deadline. access to electricity. Battery energy storage
PowerChina, which built the Three Gorges systems (BESS) can play a significant role in
Dam, the world’s largest power plant, is a bringing electricity to the remotest and the
China to build Europe’s subsidiary of state-owned Power Construction poorest regions of the world.
Corp. of China.
These systems are designed to store surplus
biggest onshore wind park portfolio of wind power plants of 1.3GW, of energy that can be utilized at a later time and
WindFarm, based in Ukraine, has a
when deployed correctly, they can provide
in Ukraine which more than 400 uninterrupted, reliable, and sustainable power
supply in areas where ensuring access to such
MW have been put into operation.
PowerChina agreed to construct an 800 services is difficult through conventional
MW wind power plant in Ukraine’s troubled means.

Week 44 04•November•2020 www. NEWSBASE .com P13