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Energy Storage

HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel
Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.
GridStor activates 220 MW battery in Texas to stabilise the power grid
GridStor has inaugurated its first energy storage facility in Texas, a 220 MW battery, designed to support the ERCOT grid and respond to the rapid increase in industrial demand in the state.

Energy Vault signs $250mn deal for 1.8 GWh storage in the Balkans

Energy Vault and EU Green Energy have signed a framework agreement for 1.8 GWh of battery storage systems, worth up to $250mn, with an initial 200 MWh project launched in Albania.
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EVE Energy and EVO Power sign strategic agreement for their expansion in Australia
EVE Energy will supply 2.2 GWh of storage systems to EVO Power over five years, supporting the large-scale deployment of front-of-meter solutions in the Australian market.
Gotion Launches First Electric Vehicle Battery Factory in Slovakia for Europe
Gotion inaugurates its Gigafactory in Slovakia, marking a significant advancement in electric vehicle battery production in Europe. This site, scheduled for 2027, strengthens the continent’s green industrial chain.

Erex and Samsung C&T Sign MoU to Develop Grid-Scale Energy Storage Projects in Japan

Erex and Samsung C&T announce a partnership to develop grid-scale energy storage projects in Japan. The two companies plan a 50:50 joint venture to deploy large-scale storage installations.
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Sinopec and LG Chem Sign Agreement to Develop Sodium-Ion Battery Materials
Sinopec and LG Chem announce a strategic partnership to develop key materials for sodium-ion batteries. This collaboration aims to accelerate the commercialization of this technology in energy storage systems and low-speed electric vehicles.
Rondo Energy to deploy 100 MWh heat battery for HEINEKEN in Portugal
HEINEKEN, EDP, and Rondo Energy are deploying a 100 MWh industrial heat battery in Lisbon, providing renewable steam 24/7 using on-site solar power and the grid.

NextStar Energy starts energy storage battery production in Windsor this November

NextStar Energy begins lithium-ion battery production for energy storage systems (ESS) in its Windsor plant this month, expanding its operations beyond electric vehicle batteries.
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Baltic Storage Platform secures €85.6mn for large-scale battery project in Estonia
Baltic Storage Platform secures a record €85.6mn ($90.6mn) to develop two battery energy storage sites in Estonia, marking the first such financing in the Baltics based solely on storage revenue streams.
Eos Energy secures 228 MWh strategic order from Frontier Power
Eos Energy and Frontier Power strengthen their collaboration with a major first order under a 5 GWh framework agreement to deploy long-duration storage systems across multiple energy markets.

Alternō launches sand battery technology in Japan with two thermal storage systems

Asia-based Alternō opens a subsidiary in Japan to industrialise its sand thermal batteries, targeting the agricultural and manufacturing sectors with two new renewable heat storage systems.
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Fox ESS partners with Solar Juice to develop 1GWh of storage in Australia
Chinese manufacturer Fox ESS has entered into a partnership with Australian distributor Solar Juice to deploy up to 1GWh of battery capacity, targeting the fast-growing residential and commercial segments of the Australian market.
AOGC Approves Final Integration of Smackover Lithium’s SWA Project 2028
The Arkansas Oil and Gas Commission validated integration of the Reynolds Brine Unit after unitizing 20,854 acres and adopting a 2.5% lithium royalty. The project targets 22,500 tonnes per year of battery-grade lithium carbonate from 2028 via a 55:45 joint venture.

Star Charge signs $3.2 billion deal for 32 GWh storage projects in the US

Star Charge Americas has signed a major service agreement with Beneficial Holdings to deploy over 32 GWh of battery energy storage systems in the United States and Puerto Rico, with a total value exceeding $3.2 billion.
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Baltic Storage Platform secures €85.6mn for dual battery project in Estonia
Joint venture Baltic Storage Platform has secured €85.6mn ($90.7mn) to build two energy storage systems in Estonia, forming one of continental Europe’s largest battery complexes.
InSolare secures 600 MW energy storage contract from SECI in India
InSolare Energy has secured a 600 MW / 1,200 MWh battery energy storage contract from state-owned SECI, strengthening its position in India’s energy infrastructure market.

e-STORAGE commissions 220 MWh energy storage system in South Australia

Canadian Solar’s subsidiary has completed the commercial operation of a battery storage project in Mannum, marking a key milestone in the large-scale energy deployment in southern Australia.
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Daiei Sangyo to invest ¥50bn in grid-scale storage and data centres
Daiei Sangyo partners with Truewin Technology and Formosa Japan to develop 100 energy storage sites totalling 800MWh and expand into power-linked data centre operations.
AI.net seals partnership with CATL for 1GWh of grid-scale batteries
Japanese company AI.net has signed a supply deal with China’s CATL for 1GWh of lithium-ion batteries, marking its entry into large-scale energy storage with a target of 500MW by March 2028.
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CPV secures $1.1bn funding for 1,350 MW gas-fired power plant in Texas
Washington invests $100mn to modernise coal plants as exports drop 11%
India refines its climate strategy under regulatory pressure ahead of COP30
Mitsubishi Power to equip Vietnamese plant in natural gas conversion project
Aegir Insights expands Aegir Quant™ to hybrid, solar and storage assets
SNG Holdings rolls out 2MW grid battery in Gotemba with Digital Grid
SNG Holdings launched trial operations of a 2MW/6MWh energy storage facility in Gotemba, backed by Digital Grid and PHOTON, ahead of commercial commissioning scheduled for November.
Fluence to supply 640 MWh of storage to Torch Clean Energy in Arizona
The Winchester project will combine 160 MW of storage with two 80 MW solar plants in Cochise County, with delivery expected in early 2027.

Greenflash acquires 200 MW storage project in Texas from Advanced Power

Greenflash Infrastructure has acquired a 200 MW standalone storage project in Texas, marking a strategic asset transfer aimed at reinforcing local grid reliability.
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Gotion High-Tech unveils 20 MWh mega battery to support Riyadh
Gotion High-Tech presented in Saudi Arabia a modular 20 MWh storage solution aimed at strengthening the country's energy capacity under its Vision 2030 strategy.
Nippon Chikudenchi activates first grid-scale BESS in Kyushu and accelerates local partnerships
The Japanese developer has commissioned a storage unit in Karatsu and plans to deploy 80 facilities by the end of 2026, relying on agreements with local governments and industrial partners.

Three Canadian firms launch alliance to secure energy using quantum technology

Energy Plug, Malahat Battery Technology and Quantum eMotion sign strategic agreement to develop quantum-secured energy storage systems, including a NATO-aligned defence initiative.
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Greenflash acquires 200 MW battery storage project in Texas
Greenflash Infrastructure has finalised the acquisition of Rock Rose, a 200 MW energy storage project located in Fort Bend County, to strengthen its ERCOT market portfolio.
SALA Energy completes 11.4MW BESS station with Chubu Electric Power Miraiz
SALA Energy commissions its first grid-scale battery storage facility using sodium-sulfur batteries, supported by both public and private financing.

Battery prices in Asia-Pacific drop to record lows through 2029

Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.
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StarCharge signs 500MWh contract with ENERGY INVESTMENT LLC in Eastern Europe
StarCharge has secured a 500MWh energy storage order through a strategic agreement with ENERGY INVESTMENT LLC, strengthening its position in rapidly evolving Eastern European markets.
Sungrow and ENGIE activate 400 MWh of Europe’s largest storage project
The Vilvoorde site in Belgium now hosts 400 MWh of operational capacity on a total 800 MWh project, marking a key milestone for electricity storage on the continent.

Idemitsu launches its first 15MW grid battery on former oil site

Idemitsu Kosan has commissioned a 15MW/48MWh energy storage facility in Himeji, marking the start of its deployment in grid-scale storage with Japanese public funding.
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Australia exceeds target with 6.6GW awarded in latest tender round
The Australian government awarded contracts to 20 renewable and storage projects, surpassing the initial 6GW goal under the fourth round of the Capacity Investment Scheme.
Eolian and Natixis close $463mn financing for largest storage project in Texas
The Padua Complex will deliver 400 MW/1.8 GWh capacity with Tesla's support, at a strategic node of the Texas grid, following legislative action to strengthen energy reliability.

Salt River Project launches 50 MWh storage pilot with ESS in Arizona

Salt River Project will partner with ESS to install a 50 MWh long-duration energy storage system in Pinal County as part of its capacity expansion plan to meet rising demand.
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GoldenPeaks Capital and Envision sign deal for 1 GWh battery storage in Europe
GoldenPeaks Capital and Envision have signed a memorandum of understanding to deploy up to 1 GWh of next-generation battery energy storage systems across several European markets.
Durapower and Kıvanç partner to manufacture lithium-ion batteries for the US market
Singapore’s Durapower and Turkish industrial firm Kıvanç have signed an agreement to form a joint battery production venture targeting growing North American demand.

Kyoto Group commissions world’s largest industrial thermal storage unit in Hungary

Norwegian-based Kyoto has launched a 56 MWh thermal storage system at KALL Ingredients in Hungary, designed to replace natural gas with renewable-based industrial heat.
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Base Power raises $1bn to strengthen its residential storage network in the United States
US-based startup Base Power secures $1bn in Series C funding to boost domestic energy equipment production and expand its distributed storage platform nationwide.
CETY secures contract for battery storage projects in New York
Clean Energy Technologies has signed a letter of intent to lead multiple battery energy storage system projects across New York State, with each site planned for 5 MW of capacity.