Guyana, alongside the IDB, signed a financing agreement for around US$83.3 million with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic
Get a quoteThe proposed project would bring associated gas from ExxonMobil Guyana-operated projects offshore (Liza Phase 1 and 2) via pipeline to
Get a quoteThe Gas-to-Energy project, originally scheduled for completion by the end of 2024, has been delayed. Prime Minister Mark Phillips said in May that the facility is now expected to
Get a quoteThe Wales Gas-to-Energy (GtE) project contractor, LNDCH4 Guyana, has announced the arrival of the Backup Battery Storage System (BESS) which it says forms a
Get a quoteGuyana has unveiled a new 0.65 MW grid-forming solar project, paired with a 1,500 kWh battery energy storage system (BESS) and a 13.8 kV
Get a quoteThe Yellowtail project, Exxon''s fourth Guyana oil development, is on track for first production in 2025. Exxon said the ONE GUYANA floating production, storage and offloading
Get a quoteMoreover, the agency installed solar PV capacity and battery energy storage systems at 22 off-grid locations, bringing electricity to public buildings across multiple regions.
Get a quoteMore than 100 miles offshore Guyana, three of the world''s largest, best-in-class floating production storage and offloading (FPSO) vessels – the Liza Unity, the Liza Destiny
Get a quoteWith our team working on-site around the clock, focused on meeting international quality standards and the arrival of the BESS, the project moves one step closer to
Get a quoteIncrease your chances of winning more work with Global Project Tracker''s grid-scale/utility scale energy storage system (ESS) project leads database by discovering the perfect projects in
Get a quote–engineered to ensure uninterrupted energy delivery in the event of turbine failure, LNDCH4 Guyana says LNDCH4 Guyana has announced the arrival of the Backup Battery
Get a quoteGuyana''s landmark Gas-to-Energy project reached a critical milestone with the arrival of a 30-MW backup battery energy storage system (BESS) at Georgetown''s John
Get a quoteThe Centrale Electrique de l''Ouest Guyanais (CEOG) project under construction in French Guiana will be the world''s biggest hydrogen-based renewable energy storage facility, upon completion.
Get a quoteA notable feature of the project is the integration of a state-of-the-art battery energy storage system with a 22-megawatt-hour (MWh) capacity.
Get a quoteWith our team working on-site around the clock, focused on meeting international quality standards and the arrival of the BESS, the project moves one step closer to
Get a quoteThe GUYSOL initiative, funded by the Guyana/Norway partnership with an estimated investment of US$83.3 million, aims to diversify Guyana''s energy mix. In 2024, the Program is set to
Get a quoteDevelopment of New Energy Storage during the 14th Five -Year Plan Period, emphasizing the fundamental role of new energy storage technologies in a new power system. The Plan states
Get a quoteGuyana''s landmark Gas-to-Energy project reached a critical milestone with the arrival of a 30-MW backup battery energy storage system (BESS) at Georgetown''s John
Get a quoteGuyana has unveiled a new 0.65 MW grid-forming solar project, paired with a 1,500 kWh battery energy storage system (BESS) and a 13.8 kV transmission line.
Get a quoteGuyana''s transmission and distribution lines also will undergo upgrades. Demand on its main power grid,which supplies 78% of the country''s energy needs,is expected to rise to 415
Get a quoteThe publicly owned utility company in Guyana, Guyana Power and Light (GPL) has launched a tender seeking bidders for the construction of 15 MW utility scale ground
Get a quoteIn his opening remarks at the Guyana Energy Conference and Supply Chain Expo, President Dr. Mohamed Irfaan Ali announced a major
Get a quoteThe Gas-to-Energy Project will see a 200km 12-inch diameter pipeline channelling natural gas from the Liza Phase One and Liza Phase Two Floating, Production, Storage, and Offloading
Get a quoteLNDCH4 Guyana has announced the arrival of the Backup Battery Storage System (BESS) which landed at the John Fernandes wharf today. The BESS forms a critical part of the
Get a quoteOur operations in Guyana are helping to supply the world’s energy needs by producing more than 600,000 barrels of oil a day. The Gas-to-Energy project is expected to greatly improve the quality of life for the people of Guyana.
Last month, at the Guyana Energy Conference and Supply Chain Expo, we showcased the success we’ve had in Guyana to date and discussed the projects we have planned for the future. One of those projects is a 140-mile pipeline that will connect our offshore operations to the mainland.
More than 100 miles offshore Guyana, three of the world’s largest, best-in-class floating production storage and offloading (FPSO) vessels – the Liza Unity, the Liza Destiny and Prosperity – are producing more than 600,000 barrels of oil every day – up from 370,000 just one year ago.
The global industrial and commercial energy storage market is experiencing unprecedented growth, with demand increasing by over 350% in the past three years. Energy storage cabinets and lithium battery solutions now account for approximately 40% of all new commercial energy installations worldwide. North America leads with a 38% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 25-30%. Europe follows with a 32% market share, where standardized energy storage cabinet designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at a 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting commercial energy storage for peak shaving and energy cost reduction, with typical payback periods of 3-5 years. Modern industrial installations now feature integrated systems with 50kWh to multi-megawatt capacity at costs below $450/kWh for complete energy solutions.
Technological advancements are dramatically improving energy storage cabinet and lithium battery performance while reducing costs for commercial applications. Next-generation battery management systems maintain optimal performance with 45% less energy loss, extending battery lifespan to 18+ years. Standardized plug-and-play designs have reduced installation costs from $900/kW to $500/kW since 2022. Smart integration features now allow industrial systems to operate as virtual power plants, increasing business savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for commercial storage installations. New modular designs enable capacity expansion through simple battery additions at just $400/kWh for incremental storage. These innovations have significantly improved ROI, with commercial projects typically achieving payback in 4-6 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (50-100kWh) starting at $22,000 and premium systems (200-500kWh) from $90,000, with flexible financing options available for businesses.