SolarMax Technology has signed two engineering, procurement and construction contracts for 400 MWh energy storage projects in Puerto Rico, with expected revenues totalling $158.3mn.
The rise of battery storage is boosting global lithium demand, reversing a market trend plagued by oversupply since 2022 and reviving momentum in a pressured industry.
NextNRG strengthens its domestic battery supply by signing a memorandum of understanding with A123 Systems, targeting the deployment of energy storage systems manufactured in the United States across its national project portfolio.
LG Energy Solution terminated a KRW3.9tr agreement with Freudenberg Battery Power System amid the US electric vehicle market’s decline and its partner’s strategic withdrawal.
Port Inc. reports positive results from its battery storage pilot in Gunma, leveraging a regulatory window ahead of adjustment market reforms scheduled for fiscal year 2026.
Canadian company Vision Lithium has completed a private placement of 14 mn flow-through shares totalling $209,000 to support its mineral exploration projects in Québec.
Matrix Renewables has signed a turnkey agreement with Tesla to develop a 1 GWh battery energy storage system in Scotland, marking its first standalone project of this kind in the UK.
China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.
South Korea’s Tilda accelerates its entry into Vietnam with an artificial intelligence-based energy optimisation solution for solar and energy storage systems in the manufacturing sector.
Aegis Critical Energy Defence Corp. and Seetel New Energy have created Cordelia BESS to respond to Ontario’s LT2 call for proposals, aimed at strengthening energy capacity through battery storage.
esVolta finalises investment tax credit transfer for its Black Walnut storage project to Computacenter, marking a first-of-its-kind operation within its California energy portfolio.
Peregrine Energy Solutions has begun construction on a 500 MWh storage project in Texas, relying on Wärtsilä's technology and WHC's engineering expertise to enhance ERCOT grid flexibility.
The world's largest battery energy storage system enters service in Saudi Arabia, with an annual capacity of 2.2 billion kWh spread across three strategic sites in the southwest of the country.
Masdar begins commercial operations at a Stockport battery storage unit and announces two more UK projects, part of a £1bn ($1.25bn) plan for 3GWh of BESS capacity.
Australia-based storage platform Akaysha Energy has launched its first operational project, a 155 MW battery in Queensland, while confirming its expansion to over 1 GWh.
LehmanSoft Japan connected a 2MW/8.1MWh energy storage facility to the grid in Chichibu City, marking its entry into the Japanese stationary storage market.
Akuo launches a large-scale electricity storage project in Boulouparis, with a 200 MWh capacity, to support New Caledonia’s grid stability and reinforce the integration of renewable energies.
The group has won a strategic project with operator Amprion to deploy five 50 MW batteries to ease pressure on the German power grid and optimise electricity transmission.
California-based Korbel Winery is now equipped with an integrated energy storage and intelligent control system, installed by Energy Toolbase and BPi, to optimise usage and address local grid constraints.
The 200 MW Greenwater battery storage project enters execution phase following a $400mn bank financing, marking a strategic milestone in the Pacific Northwest’s energy infrastructure development.
Solar with batteries becomes a bankability lever in three key ASEAN markets, where the focus shifts from cost reduction to the monetisation of energy flexibility.
The Australian government opens Tender 8 to secure 16 GWh of storage, for the first time including aggregated portfolios of 5 to 30 MW within the National Electricity Market.
With a strategic investment in a 200 MWh facility, European Energy strengthens its industrial position in Denmark and energises the Nordic battery storage market.
The Spanish renewable energy producer significantly increased its investments and revenue while achieving more than half of its asset rotation target for the 2025–2027 period.
Chinese manufacturer EVE Energy has signed a three-year memorandum of understanding with Sweden’s Vimab BESS AB to supply batteries and energy storage solutions in Northern Europe.
Huawei's full-lifecycle battery safety rating system has been officially validated by a national technical committee, marking a key milestone for large-scale energy storage deployment.
AMPYR Australia and InCommodities have signed a 15-year partnership for the Bulabul BESS project, marking the Danish trader’s first long-term commitment in the Australian energy storage market.
Tokyo Gas and Okaya & Co. will begin construction in December 2025 of a 25 MW/75 MWh battery energy storage system in Hokkaido, with commercial operations expected in 2028 or later.
US-based CETY has been awarded a $10mn contract to build a battery energy storage system in New York State, marking the first in a series of planned installations across the region.
French energy group Engie wins its second-largest global battery storage project with a capacity of 280 MW, awarded by a state-owned company in Gujarat, India.
Nostromo’s IceBrick system becomes the first behind-the-meter thermal storage device to participate in California’s wholesale energy market, in partnership with Olivine, marking a milestone for commercial buildings.
Pacific Green has received approval from the Victorian government for its second energy storage park in Australia, a 1GW project to be developed over 36 months in Portland’s industrial zone.
TagEnergy launches a 150 MW storage project at the Golden Plains wind farm site, strengthening its investment strategy in Australia's energy infrastructure.
CATL, Sun Village and Marubeni Power Retail have signed an agreement to develop 2.4GWh of grid-scale storage capacity in Japan, without a defined schedule, leveraging investment, construction and commercial management synergies.
Northland Power has acquired two energy storage projects in Poland from Greenvolt Power Group, consolidating a strategic partnership in a transitioning market.
The global battery energy storage systems market anticipates 28.8% annual growth through 2033, supported by industrial electrification, government incentives and grid modernisation efforts.
Group1 and Michigan Potash & Salt Company have signed an agreement to create a domestic potassium-based battery supply chain, relying on local mining and production free from critical metals.
