Turbo Energy Secures 15 C&I Storage Projects Worth $3.48 Million

KEPCO and South Korea’s Ministry of Climate, Energy and Environment announced the launch of a virtual power line project using energy storage systems to mitigate transmission congestion at an electricity-industry forum held in Seoul on September 17. The government’s 2027 draft budget allocates KRW 2.4 billion to the project, which is scheduled to begin in 2027 and expand into a large-scale government-supported program by 2030. A testing and verification framework for the grid operation of centrally contracted grid-forming BESS will also be established by November 2026.

The momentum of cooperation signings and orders in the ESS sector continues to climb. In H1 of this year alone, China's energy storage enterprises signed over 130 new orders, with cumulative contracted capacity exceeding 800 GWh. Entering Q3, multiple enterprises across the energy storage industry chain have successively disclosed major collaborations and business progress. Within just three days, EVE signed two significant cooperation agreements. On September 9, EVE announced that it had recently signed a strategic cooperation agreement with China Railway Beijing Group, under which the two parties agreed on an energy storage project cooperation scale of no less than 5 GWh over the next three years. On September 7, EVE reached a strategic cooperation with Zhongcheng Energy, covering cooperation intentions in areas such as energy storage equipment and sodium-ion battery energy storage.

SK Innovation unveiled a solution combining renewable energy, SK On’s battery energy storage system, small modular reactors and LNG at the World Climate Industry Expo, which opened in Busan on September 16. The company said it had secured a global renewable-energy project pipeline of approximately 5.3 GW as of the end of May and plans to expand its Jeonnam offshore wind capacity to 900 MW. SK On’s BESS incorporates predictive battery-management technology and a pack-level system design.