[Storage: South Africa to develop 184MW solar and 300MWh storage project]

The Syrian Electricity Company has signed three agreements with Saudi Arabia’s Al-Harfi Construction to develop solar projects with a combined capacity of 760MW in the Widyan ar-Rabi’ area of Damascus Countryside. The projects will be backed by battery energy storage systems totaling 1,077MW. The agreements follow a February 2026 MoU between PETDE and Al-Harfi Construction for a 210MW solar project supported by an 827MWh BESS facility.

[SMM Analysis] This week, the energy storage battery cell market remained stable overall. The pullback in lithium chemical prices has not yet significantly transmitted to the battery cell side, and only some orders adopting a raw material linkage mechanism saw slight downward adjustments. The average price of 314 Ah battery cells remained around 0.365 Yuan/Wh. As the implementation details of the battery consumption tax have not yet been released, most battery cell enterprises have not yet uniformly raised prices. The additional tax costs may be shared through negotiation between upstream and downstream players in the industry chain. In terms of product structure, in H1, shipments of large-capacity battery cells above 500 Ah reached approximately 42 GWh, accounting for 8.6%. The market is still dominated by deliveries of 314 Ah products. As large battery cell capacity is gradually released in H2, the shipment share of these cells is expected to increase to around 15%.

Tesla's first Megapack 3 has rolled off the production line at its new Megafactory in Brookshire, Texas, marking the start of initial production at the site.