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Estimated at 40.9 billion dollars in 2024, the global microgrid market is expected to grow at an average annual rate of 19.28% to reach 191.01 billion dollars by 2033, driven notably by innovative energy contracts.
The U.S. energy storage market set a historic record in early 2025, surpassing 2 GW installed in the first quarter despite increasing uncertainty regarding federal fiscal policies and tax credits.

Morocco: COBCO Starts Production of Materials for Electric Vehicle Batteries

The Sino-Moroccan joint venture COBCO has begun manufacturing essential lithium-ion battery components at its Jorf Lasfar plant, targeting a final annual capacity of 70 GWh, enough to equip one million electric vehicles.
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Trianel teams with BKW and Luxcara to build a 900 MW lithium-iron-phosphate storage park in Waltrop, the first phase of a complex that could reach 1.5 GW and stabilise the German grid.
Blue Whale Energy partners with UNIGRID to deploy behind-the-meter storage systems adapted to constrained commercial and industrial urban areas in Southeast Asia.

Foreign Investor Submits Offer for Northvolt Following Bankruptcy

Northvolt, recently placed under judicial administration, has received an indicative offer from a foreign investor to acquire its Swedish assets, signaling a potential imminent restart of its battery production units.
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The frame agreement aligns Jinko ESS’s utility-scale storage technology with Metlen’s development pipeline, unlocking more than 3GWh across Chile and Europe while reducing delivery risk for grid operators.
Buffalo-based Viridi has obtained the cETLus mark for its RPS150 system, meeting the UL 9540 standard only days after a public battery fire-containment demonstration.

Tesla Signs $560 Million Contract for Electricity Storage in China

Tesla is building a giant electricity storage facility in Shanghai, China, signing a $560 million contract to meet growing demands on the urban electricity grid.
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Envision Energy signs a turnkey contract with Kallista Energy for a 120 MW / 240 MWh energy storage project in Saleux, Hauts-de-France, marking its entry into France’s stationary battery market.
The Dubai-based company obtains a USD72mn loan to add a 300MWh battery system to its 500MW solar plant in Kom Ombo, with commissioning expected in July 2025.

Saft to equip 1 GWh site for Gurīn Energy in northern Japan

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.
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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.
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 and ElevenEs partner to secure LFP supply chain in Europe

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.
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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 join forces to build a full energy storage value chain in Southeast Asia, India and Australia, including local manufacturing and technology licensing.

EDF Renouvelables begins construction of Poland’s first large-scale energy storage battery

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.
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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 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.
Software provider Twaice announces a set of improvements to help battery storage system operators improve financial performance and manage increasingly complex assets.
Taiwanese company HD Renewable Energy won five energy storage projects totalling 300MW during Japan’s long-term decarbonisation power source auction.

Turbo Energy partners with Saesa to deploy smart batteries in Chile

Turbo Energy and Chilean utility Saesa have launched their first joint smart battery installation, marking the Spanish provider’s entry into the South American market.
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Chinese battery manufacturer CBAK Energy rose to fourth place in the global 32140 cylindrical cell market, according to data from the Start Point Institute of Research.
Vattenfall has signed an agreement with Return to operate and optimise a 50-megawatt battery park in Waddinxveen, aiming to strengthen its energy storage portfolio in Northern Europe.

Atlas Renewable Energy launches a 200 MW energy storage project in Latin America

Atlas Renewable Energy and COPEC inaugurate one of Latin America’s largest energy storage systems, strengthening Chile’s power grid stability.
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South Korean battery manufacturer LG Energy Solution and French group Derichebourg announced the creation of a joint venture to build a recycling plant near Paris, with a processing capacity of 20,000 tonnes per year.
Copenhagen Infrastructure Partners has signed an agreement to sell 50% of the Coalburn 1 energy storage project to AXA IM Alts, marking a key step in the development of energy infrastructure in the United Kingdom.

Durapower prepares a manufacturing facility in the United States for its lithium-ion batteries

Durapower is seeking partners to open a battery factory in the United States as part of its global expansion plan, with initial contacts scheduled during the ACT Expo in California.
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METLEN Energy & Metals and Glenfarne Asset Company announce the acquisition of a portfolio of solar and battery energy storage projects in Chile, with an installed capacity of 588 MW and storage capacity of 1,610 MWh.
The European Investment Bank (EIB) and Iberdrola have signed loans worth €108 million to finance improvements to the Valdecañas hydroelectric complex in Spain, aiming to boost energy security and integrate renewable energy sources.

Morocco deploys 1600 MWh of batteries to stabilise its power grid

The Office National de l’Électricité et de l’Eau potable launches a large-scale storage programme to absorb production fluctuations from renewable sources.
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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 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.

Eos Energy signs 5 GWh storage deal with Frontier Power in the United Kingdom

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.
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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.
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.

Sinexcel deploys the world’s first grid-connected energy storage system for drone logistics

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.
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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 launch a three-year investment partnership to co-finance several battery storage projects, including France’s largest facility located in Cernay-lès-Reims.