Energy policy

AMEA Power has commissioned a 300 MWh battery energy storage system in Egypt, a first for the country, extending the Aswan solar site’s activity and consolidating its presence in the African market.
SolaREIT announces it has committed more than $125mn to battery storage projects, supporting over 1.4 GW across the United States with land solutions dedicated to sector developers.

Global battery storage market to reach $143bn by 2031

Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.
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A potential removal of grid fees exemption for battery storage systems is raising concerns among players in Germany's energy sector, fearing negative impacts on investment and the development of this key infrastructure.
Canadian Solar's subsidiary commissions the Papago Storage facility, supplying electricity to Arizona Public Service to meet high summer demand, thus strengthening local energy capacity with a total potential of 1,800 MWh.

EDF Power Solutions wins major energy storage contract in Japan

EDF Power Solutions has been selected by the Japanese government to build a 110 MW lithium-ion battery after winning a public tender aimed at enhancing the flexibility of the country's electricity grid.
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Atmos Renewables has completed financing for a 100 MW battery energy storage system in Western Australia, marking the company's first asset of this type in the region and strengthening its presence in the Australian energy market.
Eos Energy Enterprises has received an additional $22.7mn from the US Department of Energy to complete the first phase of its battery manufacturing project in the United States, bringing total funding to $90.9mn.

Global investments of $1.2 trillion needed for energy storage by 2034

A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
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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.
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.
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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.
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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.

Enel and Masdar in talks for joint energy storage project in Italy

Italian utility Enel is discussing a partnership with Masdar to develop energy storage capacity in Italy amid a rise in renewable energy production.
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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.