The global market for battery energy storage systems (BESS) is becoming increasingly competitive.Tesla takes the lead in the battery energy storage systems (BESS) market with a 15% market share in 2023, according to the latest report from Wood Mackenzie.
The global market for battery energy storage systems (BESS) is becoming increasingly competitive.Tesla takes the lead in the battery energy storage systems (BESS) market with a 15% market share in 2023, according to the latest report from Wood Mackenzie.
BTR NEW MATERIAL GROUP inaugurates a plant in Indonesia, becoming the largest lithium-ion anode production site outside China, marking a key milestone for the battery industry.
BTR NEW MATERIAL GROUP inaugurates a plant in Indonesia, becoming the largest lithium-ion anode production site outside China, marking a key milestone for the battery industry.
Arevon Energy Inc.
inaugurates the Condor project, a 200 MW energy storage system in California, consolidating its position in the renewable energy sector.
Arevon Energy Inc.
inaugurates the Condor project, a 200 MW energy storage system in California, consolidating its position in the renewable energy sector.
Aypa Power secures USD 323 million to finance Idaho's largest battery energy storage project, marking a major step forward for clean energy in the state.
Aypa Power secures USD 323 million to finance Idaho's largest battery energy storage project, marking a major step forward for clean energy in the state.
Malta Inc. and Schmid Pekintas sign an agreement to develop hybrid solar energy storage projects in Turkey, the United States and Europe, targeting a total capacity of 1GW over five years.
Malta Inc. and Schmid Pekintas sign an agreement to develop hybrid solar energy storage projects in Turkey, the United States and Europe, targeting a total capacity of 1GW over five years.
Energy Vault and Carbosulcis join forces to develop a 100MW hybrid energy storage system at the former Nuraxi Figus coal mine in Sardinia, accelerating the transition to a carbon-free technology hub.
Energy Vault and Carbosulcis join forces to develop a 100MW hybrid energy storage system at the former Nuraxi Figus coal mine in Sardinia, accelerating the transition to a carbon-free technology hub.
Statera Energy receives approval for a 400 MW battery energy storage system in Chickerell, Dorset, providing 2,400 MWh of capacity to boost the UK electricity grid.
Statera Energy receives approval for a 400 MW battery energy storage system in Chickerell, Dorset, providing 2,400 MWh of capacity to boost the UK electricity grid.
After four years of continuous growth, worldwide investment in batteries will fall in 2024.
Slow investment in China and falling demand for EVs explain this downturn.
After four years of continuous growth, worldwide investment in batteries will fall in 2024.
Slow investment in China and falling demand for EVs explain this downturn.
The Biden-Harris administration is investing $63 million to modernize American manufacturing and improve battery recycling, thereby boosting industrial competitiveness.
The Biden-Harris administration is investing $63 million to modernize American manufacturing and improve battery recycling, thereby boosting industrial competitiveness.
Recurrent Energy, a subsidiary of Canadian Solar, receives a €50 million loan from the European Investment Bank to develop its solar portfolio in Italy, supporting the country's energy transition.
Recurrent Energy, a subsidiary of Canadian Solar, receives a €50 million loan from the European Investment Bank to develop its solar portfolio in Italy, supporting the country's energy transition.
Origin Energy validates a $450 million investment to develop the second phase of the Eraring power station battery, aimed at boosting energy storage and grid stability in Australia.
Origin Energy validates a $450 million investment to develop the second phase of the Eraring power station battery, aimed at boosting energy storage and grid stability in Australia.
TotalEnergies invests 75 million euros in a battery-based electricity storage project in Germany, to boost its storage capacities and support renewable energies.
TotalEnergies invests 75 million euros in a battery-based electricity storage project in Germany, to boost its storage capacities and support renewable energies.
Canadian Solar, via e-STORAGE, supplies 22 MWh of energy storage solutions to Root-Power for the Coryton project in the UK.
This partnership supports the country's energy transition.
Canadian Solar, via e-STORAGE, supplies 22 MWh of energy storage solutions to Root-Power for the Coryton project in the UK.
This partnership supports the country's energy transition.
Pacific Green Technologies Inc. has received approval from the South Australian government for its first large-scale battery farms in the Limestone Coast region.
Pacific Green Technologies Inc. has received approval from the South Australian government for its first large-scale battery farms in the Limestone Coast region.
Strata Clean Energy signs a 20-year contract with Arizona Public Service for a 150 MW/600 MWh energy storage project in Phoenix, designed to meet the region's growing demand for electricity.
Strata Clean Energy signs a 20-year contract with Arizona Public Service for a 150 MW/600 MWh energy storage project in Phoenix, designed to meet the region's growing demand for electricity.
