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Chinese company HyperStrong and Swedish firm Repono AB announce a strategic agreement to jointly implement large-scale energy storage projects totalling 1.4 GWh in Europe by the end of 2027.
Globeleq and African Rainbow Energy finalise financing for Africa's largest standalone battery energy storage project, raising ZAR 5.4 billion ($300 million) from Absa and Standard Bank in South Africa.

Matrix Renewables signs 22 MW energy storage contract in California

Matrix Renewables and Pioneer Community Energy have signed an energy capacity contract for a 22 MW battery storage project in Kern County, operational from early 2026.
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The Ignitis Group is starting the construction of three battery energy storage systems in Lithuania, with a combined capacity of 291 MW and a total investment of €130mn.
Alinta Energy has appointed GenusPlus Group to build the first phase of the Reeves Plains Energy Hub Battery, a high-capacity storage facility designed to support grid stability in South Australia.

The Indonesian-Chinese lithium-ion battery plant will open with 6.9 GWh in 2026

A partnership between Indonesia Battery and Contemporary Amperex Technology aims to launch a lithium-ion battery plant in Indonesia by the end of 2026, with a 6.9 gigawatt-hour capacity and planned expansion.
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State Grid Wuzhong Power Supply Company announces the completion of the energy storage compartment at Tongli substation, a key step for the upcoming integration of a 300 MW shared storage power plant in Ningxia.
Globeleq and African Rainbow Energy finalise commercial agreements for a 153 MW energy storage project in South Africa, aimed at enhancing national grid stability and optimising peak energy management.

Global microgrid market to reach 191 billion dollars by 2033

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.
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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.
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.

Trianel deploys 900 MW battery to bolster German grid flexibility

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.
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Blue Whale Energy partners with UNIGRID to deploy behind-the-meter storage systems adapted to constrained commercial and industrial urban areas in Southeast Asia.
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.

Jinko ESS and Metlen sign 3GWh battery storage deal for Chile, Europe

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.
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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 is building a giant electricity storage facility in Shanghai, China, signing a $560 million contract to meet growing demands on the urban electricity grid.

Envision Energy wins French 120 MW energy storage contract

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.
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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.
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.
Global Clean Energy has launched a dedicated cogeneration division and signed two strategic agreements with Axiom Energy and SolydEra to deploy decentralised energy units across North America.
Waaree Solar Americas adds $200mn to US battery storage, raising total commitment to $1.2bn and supporting industrial expansion in a rapidly evolving energy market.

Aypa Power secures $535mn for hybrid solar-storage project in California

Aypa Power closed a $535mn financing to develop a 320 MW solar and battery site in San Bernardino County, supported by a banking consortium led by Santander.
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Global lithium-ion battery production is set to grow by 21% this year, according to Rystad Energy, with China dominating the sector thanks to its established supply chain and competitive technologies.
CATL introduced in Munich a new 9 MWh energy storage system designed to optimise industrial installations and address global logistics constraints.

Georgia Power begins construction of 765 MW battery storage in Georgia

Georgia Power has begun work on four new battery storage systems totalling 765 MW across several counties to enhance the reliability of the electricity grid in the U.S. state of Georgia.
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The Polish government is backing Ascend Elements with $320mn to build a lithium-ion battery materials plant, marking one of the country’s largest industrial subsidies.
Abundance Energy, sonnen and Energywell launch a residential virtual power plant project in Texas, combining home batteries and smart software to optimise electricity management.

Twaice rolls out over 15 software upgrades to boost BESS battery profitability

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

CBAK Energy reaches 14.6% of global 32140 cylindrical cell market in Q1

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.
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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 and COPEC inaugurate one of Latin America’s largest energy storage systems, strengthening Chile’s power grid stability.

LG Energy Solution and Derichebourg create a recycling joint venture in France

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.
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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 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.

METLEN and Glenfarne seal deal for solar and battery energy storage project in Chile

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