Energy Storage

Asian developer Gurīn Energy selected Saft to supply a battery storage system exceeding 1 GWh in Fukushima, marking a new stage in Japan’s energy storage deployment.
Chinese lithium-ion battery manufacturer CBAK Energy confirmed a $11.6mn order for LFP cylindrical batteries to power the electric motorcycle fleet of a rapidly growing African group.

Sinexcel equips 600MW site, a key milestone in China’s electrochemical storage sector

China’s 600MW/2400MWh project enters energisation phase following the installation of 240 battery containers, initiating initial maintenance of this ultra-high-voltage hybrid energy facility.
Wanhua Chemical has signed a strategic agreement with Serbian manufacturer ElevenEs to establish a localised supply chain for LFP battery materials, reinforcing their technical and industrial cooperation in the European market.
The partnership targets the development, construction and operation of over 500 MW of battery energy storage systems in France, with 200 MW nearing the construction phase.

Envision Energy and SUN Terra form strategic partnership in energy storage across Asia-Pacific

Envision Energy and SUN Terra join forces to build a full energy storage value chain in Southeast Asia, India and Australia, including local manufacturing and technology licensing.
EDF Renouvelables has started building its first large-scale energy storage battery in Poland, a 50 MW project set to be operational by late 2025 in the Opole region.
Enfinity Global has sold a 49% minority stake in two energy storage projects in the US and Italy to Daiwa Energy & Infrastructure, a major player in alternative investments.

Sigenergy installs 20 MWh modular system in Bulgaria with Trakia MT

Sigenergy deployed a 20 MWh modular energy storage system on a solar power plant in Bulgaria, demonstrating a targeted industrial investment in high-efficiency storage technologies.
Chinese lithium-ion battery maker CBAK Energy received a new $3mn order from India’s Livguard, bringing the total value of their agreements to $7.9mn.
US-based UNIGRID has received public funding to launch a sodium-ion battery production line in San Diego, aiming for industrial-scale volumes at the pilot phase.

Scatec secures 123 MW battery storage contract in South Africa

The Norwegian group has been named preferred bidder for a 492 MWh storage project under South Africa’s public BESIPPPP programme.
The agreement signed in Seoul between REPT BATTERO and Hyosung Heavy Industries provides for the supply of 2.5GWh of energy storage systems aimed at strengthening their joint position in the global market.
Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.

OCI Energy, CPS Energy and LG Vertech unite for 120 MW storage project in Texas

OCI Energy, CPS Energy and LG Energy Solution Vertech signed a memorandum of understanding to develop a 480 MWh energy storage facility in San Antonio, aiming to strengthen Texas's ERCOT grid.
Chinese provider Sungrow has completed a 60MWh energy storage installation in Simo, less than 100 kilometres from the Arctic Circle, marking a strategic step for the stability of Finland’s power grid.
Chinese manufacturer HyperStrong has unveiled in Germany its new modular energy storage platform, HyperBlock M, designed to streamline installation, maintenance and performance at utility scale.

Clarios launches $1bn project to process critical minerals in the United States

Clarios plans to invest up to $1bn in a new critical mineral processing plant to strengthen domestic US supply of antimony and other strategic elements.
Chinese manufacturer Gotion has completed the first pilot production line for its GEMSTONE all-solid-state battery, marking a technical milestone in the industrial development of this energy technology.
The Aurora project, under construction in Tarapacá, will include 1 GWh of batteries and a 220 MW solar plant, making it one of the largest hybrid systems in Latin America.
The Office National de l’Électricité et de l’Eau potable launches a large-scale storage programme to absorb production fluctuations from renewable sources.
Backed by Meridiam, Verkor's Dunkirk facility begins testing ahead of planned production launch in early 2026, with Renault as a primary client.

Indexel Engineering secures 50 MWh of US sodium-ion batteries via UNIGRID

Indexel Engineering partners with UNIGRID to bring 50 MWh of sodium-ion batteries to India, targeting industrial facilities and decentralised storage projects starting in the second half of 2025.
US-based Eos Energy enters the UK market through a memorandum of understanding with Frontier Power covering 5 GWh of long-duration energy storage under the new cap and floor scheme.
EVLO and Eastern Power Solutions have completed the commissioning of a 4 MW solar-plus-storage installation on the island of Tutuila, marking the launch of a 10 MW project aimed at strengthening the local power grid.

The US battery energy storage market to reach $7.02 billion by 2029

Driven by rising grid resilience demands and renewable energy growth, the US battery storage market is set to expand at 26.8% annually through 2029.
Chinese firm Sinexcel has launched a logistics station equipped with a hybrid lithium-sodium system, marking a global first in integrating grid-connected energy storage with urban drone logistics.
German company green flexibility is building a 90 MWh battery storage facility in Obergünzburg to improve regional grid stability by the end of 2026.

TagEnergy and Banque des Territoires unite to deploy 480 MWh of storage in France

TagEnergy and Banque des Territoires launch a three-year investment partnership to co-finance several battery storage projects, including France’s largest facility located in Cernay-lès-Reims.
The Thacker Pass mine site, led by Lithium Americas and General Motors, launches with major public funding and national industrial ambitions for lithium supply in the United States.
Swedish battery manufacturer Northvolt will lay off more than half its workforce while partially maintaining operations during the bankruptcy process initiated in March.

Sungrow deploys PowerTitan 2.0 in 100 MWh energy storage project in Finland

Sungrow will supply its liquid-cooled PowerTitan 2.0 system for the Kalanti BESS project, a 50 MW/100 MWh facility developed by Renewable Power Capital in southwest Finland.
Inlyte Energy and HORIEN have entered into an agreement to accelerate the large-scale production of iron-sodium batteries, with a first facility planned in the United States by 2027.
TotalEnergies has started construction on six new battery projects in Germany, representing 221 MW of capacity and a €160mn investment, strengthening its presence in the German power market.

Copenhagen Infrastructure Partners partners with GC Storage Services for 2.3 GW battery projects in Italy

Copenhagen Infrastructure Partners has signed a strategic agreement with GC Storage Services to develop 2.3 GW of battery storage capacity across northern and southern Italy.
Energy Vault has completed the acquisition of the Stoney Creek energy storage system, a project supported by a long-term contract, further strengthening its position in the energy storage sector in Australia.
Jupiter Power has secured $286 million in financing to support the construction of two large-scale battery energy storage projects in the United States, with commercial operations expected to begin this year.

Harmony Energy sells 200 MW energy storage project to EDF Renewables Polska

Harmony Energy has completed the sale of a 200 MW battery energy storage project to EDF Renewables Polska, strengthening its position in the Polish market while supporting the country’s energy transition.
The global battery market continues its rapid expansion, driven by falling prices and increasing production capacities, leading to heightened competition among major global producers.
Swedish battery manufacturer Northvolt has filed for bankruptcy, citing financial difficulties exacerbated by market instability and rising costs. This bankruptcy raises questions about the viability of European battery production in the face of Asian competition.