NORTH ASIA ENERGY STORAGE PROJECT WINNING BID

North Korea Liquid Flow Energy Storage Battery Project

North Korea Liquid Flow Energy Storage Battery Project

The "Juche" Flow Battery: A National Pride Inspired by vanadium flow batteries, scientists claim a proprietary design using locally mined zinc. Early tests show 65% efficiency—not stellar, but a start. State media calls it “a revolutionary leap in energy storage self-reliance.” [pdf]

Chile Office Building Energy Storage Project

Chile Office Building Energy Storage Project

In December 2024, Verano Energy signed a long-term Power Purchase Agreement (PPA) with Abastible, ensuring stable revenues for the project while directly supporting the decarbonization of Chile’s energy matrix. Construction is underway, with commercial operations expected by the end of 2026. [pdf]

Bolivia Lithium Energy Storage Project

Bolivia Lithium Energy Storage Project

The Uyuni Salt Flat, the largest lithium deposit in the world, is at the center of these efforts. These projects aim to increase production capacity significantly by 2030, contributing to Bolivia’s economic growth while meeting global market demands. [pdf]

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