Energy Storage News

US Roundup: California CCAs Secure LDES From Hydrostor, ESS Inc. Iron-Salt Acquisition, PowerSecure Microgrids Enhance New Mexico Grid

CC Power, representing nine California CCAs, signed a deal for a 50 MW/400 MWh portion of Hydrostor’s Willow Rock long‑duration energy storage (LDES) project, advancing the state’s mid‑term reliability goals. PowerSecure, a Southern Company subsidiary, is constructing three BESS‑enabled microgrids in northern...

Moonwatt Targets ‘Same Disruption String Inverters Had in Solar’ with Distributed Sodium-Ion BESS Architecture

Moonwatt, a Netherlands‑based startup, announced its first distributed sodium‑ion battery energy storage system (BESS) at Cleantech Park Arnhem, backed by a €1.15 million grant. The company’s modular, string‑based architecture mirrors the disruptive impact of solar string inverters, promising scalable double‑digit to...

Ukraine’s Strategic Need for Energy Storage

Ukraine’s government is positioning battery energy storage systems (BESS) as a strategic asset to keep the power grid alive amid Russian attacks and to enable future integration with the European grid. Lawmakers have introduced tax breaks, licensing exemptions and accelerated...

ESS Tech Inc Acquires VoltStorage GmbH to Expand Iron‑flow Battery IP

Iron‑flow battery maker ESS Tech Inc announced it has acquired the intellectual property and assets of German iron‑salt battery developer VoltStorage GmbH. The deal adds VoltStorage’s patents, technology and personnel to ESS’s portfolio, strengthening its long‑duration energy storage offerings for...

Lydian Energy Secures US$689 Million for Three US BESS and Solar Projects

Lydian Energy has secured US$689 million of full‑stack financing for three renewable projects—a 150 MW/733 MWh battery energy storage system in Utah and two solar PV developments in New Mexico and Texas. The financing package, led by CIBC and MUFG Bank, includes construction‑to‑term loans,...

Slow Start to Global 2026 BESS Deployments in January, China Continues to Dominate

Global grid‑scale battery energy storage system (BESS) deployments slowed sharply in January 2026, with only 3.5 GW/10.5 GWh coming online – a 25 % drop from the same month last year. China, still the dominant market, added 1.9 GW/6.2 GWh, reflecting a 30‑50 % decline amid...

Lydian Energy Secures $689M Debt Financing for US Solar and BESS Projects

Lydian Energy announced it has secured $689 million in financing to develop three U.S. projects—a 150 MW/733 MWh BESS in Utah and solar PV projects in New Mexico and Texas. The financing, comprising construction‑to‑term, tax‑credit bridge, co‑investment bridge loans and a letter of...

Caterpillar VC Backs Startup ElevenEs as It Builds 1GWh LFP Cell Factory in Serbia

‘Greater Diversity Reshapes Expectations’: Women in Energy Storage Network on Strengthening and Empowering an Inclusive Industry

The Women in Energy Storage Network (WinES), founded in 2024, now serves over 1,600 members across the UK’s fast‑growing energy‑storage sector. It earned the 2025 Diversity and Inclusion Award, highlighting its role in elevating female talent. WinES will host a...

Australian Vanadium, Sumitomo Electric Partner for Bid in Western Australia’s 500MWh Flow Battery Procurement

Australian Vanadium Limited has formed an exclusive partnership with Japan’s Sumitomo Electric to compete for Western Australia’s AU$150 million, 500 MWh Kalgoorlie vanadium flow‑battery project. The deal makes Sumitomo the sole provider of its flow‑battery technology, engineering services and technical support for...

Caterpillar VC Invests in ElevenEs to Build 1 GWh LFP Cell Factory in Serbia

Caterpillar’s venture capital arm announced an investment in Serbian battery startup ElevenEs, which is constructing a 1 GWh lithium‑iron‑phosphate cell factory in Serbia. The funding will support the company’s expansion in the energy storage market.

NeoVolta Raises US$23 Million for Georgia Battery Pack and BESS Manufacturing Facility

San Diego‑based NeoVolta has raised roughly US$23 million to fund a joint‑venture battery‑energy‑storage system (BESS) plant in Georgia. The financing, split between a private placement and working‑capital contributions, backs the first US$7 million milestone of a three‑phase capital plan. The facility will...

Planning Barriers ‘Threaten to Stall Momentum’ in UK Battery Storage Market

The UK recorded its strongest year for grid‑scale battery‑energy‑storage‑system (BESS) deployments in 2025, adding 4 GWh to reach a cumulative 12.9 GWh – a 30% year‑on‑year increase. Most of the new capacity came from large projects over 50 MW, reflecting a shift toward...

Vietnam’s BESS Breakthrough: A Turning Point for Energy Storage Across ASEAN

Vietnam has enacted Circular No. 62/2025/TT‑BCT, establishing a two‑part tariff that pays battery energy storage systems (BESS) for both capacity availability and energy delivery. The new framework shifts storage from an output‑only compensation model to a dual‑revenue structure, mirroring practices in...

Fox ESS Partners with Origin to Expand VPP Access Across Australia

Fox ESS announced a partnership with Origin Energy to integrate its home battery storage systems into Origin’s Loop virtual power plant (VPP) across Australia. The integration gives Fox ESS customers access to three Origin battery plans—Battery Lite, Battery Maximiser, and...

‘Beyond a Lithium-Only Future’: How US Trade Rules Could Accelerate BESS Diversification

US trade policy changes – FEOC restrictions and a 25% Section 301 tariff on Chinese‑origin battery energy storage systems (BESS) – took effect on 1 January, tightening cost and compliance pressures. While Chinese lithium‑ion BESS remain marginally cheaper on equipment‑only pricing, developers...

CleanCo Opens 500MWh Tesla Megapack BESS in Queensland, Australia

CleanCo Queensland has commissioned the Swanbank Battery, a 250 MW/500 MWh grid‑scale storage system built with Tesla’s Megapack technology at the former Swanbank coal‑power site near Brisbane. The AU$330 million project, funded by the Queensland Renewable Energy and Hydrogen Jobs Fund, began testing...

‘The Cost Declines in Lithium-Ion Tech Provide Very Attractive Pricing’: ASL on NSW’s Recent 12GWh LDES Tender

New South Wales awarded a 12 GWh long‑duration energy storage (LDES) tender exclusively to lithium‑ion battery systems, highlighting the technology’s cost advantage over pumped hydro. ASL’s technology‑agnostic methodology normalises asset lifespans, allowing batteries with 20‑year horizons to compete on a 50‑year...

Potentia Achieves Financial Close for ‘Canada’s Largest BESS’

Potentia Renewables has closed a CA$542 million financing package for the Skyview 2 battery energy storage system in Ontario, marking Canada’s largest BESS at 411 MW/1,644 MWh. The funding comes from German lender KfW IPEX‑Bank and Canada’s Desjardins Group, with e‑Storage contracted to deliver 390...

Hanwha and Morrison’s Chrysalis Partner for 3.5GW of Solar and Storage in North America

Hanwha Energy and Morrison’s Chrysalis have announced a partnership to develop roughly 3.5 GW of solar power combined with energy‑storage assets across the United States and Canada. The venture is underpinned by a US$30 billion infrastructure investor, providing the capital needed to...

LG Energy Solution Vertech ‘to Deliver 40GWh of US BESS Projects in 2026,’ Signs Qcells EPC Deal

LG Energy Solution’s US integrator Vertech announced plans to deliver 40 GWh of battery energy storage system (BESS) projects by 2026, marking a significant scaling of its North American portfolio. The company also signed an engineering, procurement and construction (EPC) agreement...

Tesla Set to Launch Vehicle-to-Grid Programme in the US

Tesla will roll out its first vehicle‑to‑grid program in the United States, starting with Cybertruck owners in select Texas markets served by CenterPoint Energy and Oncor. The Powershare Grid Support Program lets participants earn energy‑bill credits by feeding power back...

Baltic BESS and TES: Estonia’s 1.1GWh District Heating Accumulator, Nidec PCS-Transformer Deal in Lithuania

Estonia’s utility Utilitas has commissioned an 80 MW/1,100 MWh thermal energy storage (TES) plant in Tallinn, while Lithuania’s state‑owned Ignitis Group has confirmed a €130 million, 291 MW/582 MWh battery storage portfolio that will use Rolls‑Royce BESS modules and Nidec Conversion power‑conversion equipment. Both projects...

Potentia Secures CA$542M Debt Financing for Canada’s Largest BESS

Potentia Renewables closed financing for the 411 MW/1,644 MWh Skyview 2 battery energy storage system in Ontario, the largest BESS in Canada. German bank KfW IPEX‑Bank and Desjardins Group are providing about CA$542 million in construction and long‑term operational financing, acting as joint lead...

Ore Energy Pilots 100-Hour Iron-Air BESS at EDF Lab in France

Ore Energy completed Europe’s first 100‑hour iron‑air long‑duration energy storage pilot at EDF Lab les Renardières, demonstrating multi‑day grid‑connected operation. The test, part of the EU‑backed StoRIES program, ran for several months under varied load profiles and seasonal conditions, moving...

RWE, Masdar, Zenobe, Enlight and Others Forge Partnerships, Tolling Offers to Further Germany Market Expansion

A wave of partnership announcements is accelerating Germany's grid‑scale battery‑energy‑storage‑system (BESS) market. Israel‑based Enlight is buying a majority stake in the 150 MW solar‑plus‑2 GWh Project Jupiter, while RWE and UAE’s Masdar plan a joint venture to develop up to 1 GW of storage...

A123, Hithium Tout Semi-Solid Cells, Immersion Cooling and LSFT BESS Safety Advances

Wanxiang A123 Systems introduced its Star Series semi‑solid‑state cells integrated into the Star River BESS, featuring system‑level immersion cooling that keeps temperature variance within 2 °C. The solution promises up to 10,000 cycles at room temperature and a 15% reduction in...

CATL, Cornex, SolaX and Other Chinese Energy Storage Players in Multi-GWh International Agreements

Chinese energy‑storage giants are signing multi‑GWh deals worldwide, signalling a rapid international expansion in 2026. Cornex will deliver 5.5 GWh to Saudi Arabia, while CATL, together with Schroders Greencoat and Lochpine Capital, targets up to 10 GWh of European battery‑storage projects. Tianneng...

Revera Energy Secures US$150 Million to Support 3.4GWh of Battery Storage Across Australia and the UK

Revera Energy has closed a $150 million credit facility to fund the development of 3.4 GWh of battery‑storage projects in Australia and the United Kingdom. The financing will enable construction of the 150 MW/300 MWh Bungama Stage 1 battery in South Australia, slated for commercial...

Australia: Victoria Government Accelerates 700MW of Battery Storage via Development Facilitation Program

Victoria’s government has fast‑tracked two large‑scale battery energy storage projects, totaling 700 MW and 2,740 MWh, through its Development Facilitation Program. Atmos Renewables will build a 300 MW/1,140 MWh system in Heywood, while Akaysha Energy will develop a 400 MW/1,600 MWh BESS in Glenrowan, together creating...

Enlight Acquires Majority Stake in Germany's Project Jupiter Solar‑storage Venture

Israel‑based independent power producer Enlight announced it will acquire a 51‑60% stake in Project Jupiter, a 150 MW solar and 2 GWh battery‑energy‑storage system in Germany, partnering with investment manager Prime Capital. The deal values the project at €470‑500 million and aims to...

Revera Energy Secures US$150 Million Credit Facility to Expand Battery Storage in Australia and UK

Revera Energy, a Carlyle‑backed platform, has closed a US$150 million credit facility arranged by Nomura to fund battery‑storage, solar and green‑hydrogen projects across Australia and the United Kingdom. The financing will support the 150 MW/300 MWh Bungama Stage 1 battery project in South Australia...

FlexGen Begins Operating 700MWh Total BESS in Wisconsin, Iowa for Alliant Energy

FlexGen has placed two utility‑scale battery energy storage systems (BESS) into service for Alliant Energy, delivering a combined 700 MWh capacity across Wisconsin and Iowa. The 75 MW/300 MWh Wood County project sits beside a 150 MW solar farm in Saratoga, Wisconsin, while the...

EVE Energy to Deploy 628Ah Battery Cells in Solar-Plus-Storage System at Kuala Lumpur International Airport

EVE Energy secured a contract with the Malaysian government to install a 36 MWh solar‑plus‑storage system at Kuala Lumpur International Airport, using its newly mass‑produced 628 Ah lithium‑iron‑phosphate (LFP) cells. The large‑format cells deliver higher energy density than the industry’s typical 300 Ah...

KKR Commits AU$603 Million to HMC Capital’s 5.7GW Australian Energy Storage and Wind Pipeline

Kohlberg Kravis Roberts (KKR) has pledged up to AU$603 million to HMC Capital’s Energy Transition Platform, which already operates 652 MW of assets and holds a 5.7 GW battery‑storage and wind pipeline. The funding, drawn from KKR’s Global Climate Transition strategy, makes the...

KKR Commits AU$603 Million to HMC Capital's 5.7GW Australian Energy Storage and Wind Pipeline

Global investment firm KKR announced a strategic partnership with ASX‑listed HMC Capital, committing up to AU$603 million to HMC’s Energy Transition Platform, which includes 5.7 GW of battery‑energy‑storage and wind projects. The funding will support expansion of the platform’s 652 MW of operational...

Australia’s Energy Transition Puts Essential System Services in Focus

Australia’s power‑system transition is shifting focus from sheer megawatt capacity to essential system services such as voltage stability, inertia and fault response. AEMO’s 2025 Transition Plan warns that without these services, the withdrawal of synchronous coal and gas generators could...

E-Storage, Sunraycer Enter Agreements for Texas BESS Projects Totalling 503MWh

E-Storage, Canadian Solar’s storage arm, and Sunraycer Renewables have signed agreements to supply and service two battery energy storage systems in Franklin County, Texas, collectively called the Lupinus projects and totaling 503 MWh. Lupinus 1 (202 MWh) will break ground in Q1 2027 and...

Battery Data Analytics Software Specialist TWAICE Nets European Investment Bank Funding

European Investment Bank has granted TWAICE a €24 million long‑term venture‑debt loan to accelerate its cloud‑based battery data analytics platform. The funding targets growth in both battery‑energy‑storage‑system (BESS) and electric‑vehicle (EV) markets, supporting product development and global customer expansion. TWAICE reports...

‘Reversible Solid Oxide Fuel Cells’: Noon Energy’s Approach to 100+ Hour Energy Storage

Noon Energy has launched its first operational demonstration of a reversible solid oxide fuel cell (RSOFC) system that promises ultra‑long‑duration storage exceeding 100 hours. The technology decouples power and energy by using a power block, charge tank and discharge tank,...

Aypa Power Closes US$1.5 Billion Credit Facility for US BESS Projects

Aypa Power has closed a $1.5 billion revolving warehouse credit facility to finance its utility‑scale battery energy storage system (BESS) projects across the United States. The facility includes a $500 million “accordion” option, making it the largest storage‑focused independent power producer (IPP)...

Fluence Revenue up 154% but Margin Halves in Last Three Months of 2025

Fluence reported a 154.4% year‑on‑year revenue increase to $475.2 million in the quarter ending 31 December 2025, while its GAAP‑adjusted gross‑profit margin fell to 4.9% from 12.5% a year earlier. Net loss widened to $62.6 million and EBITDA loss grew to $52.1 million. The company’s...

Philippines House of Representatives Passes National Energy Storage Framework Legislation

The Philippine House of Representatives approved House Bill 6676, establishing a national framework for the development, utilisation and commercialisation of energy storage systems. The legislation passed with a 192‑3 vote and now awaits Senate approval before President Ferdinand Marcos Jr. can...

Octopus Australia Acquires 4.8GWh Battery Storage Project in New South Wales

Octopus Australia announced the acquisition of the 1.2 GW/4.8 GWh Hanworth Battery Energy Storage System in New South Wales, positioning it as the country’s largest planned BESS. The project will connect to Transgrid’s Bannaby Terminal and can supply more than half a...

Australia’s Biggest LDES Tender: NSW Contracts Six Battery Storage Projects Totalling 1.17GW/12GWh

Australia’s New South Wales has awarded its largest ever long‑duration energy storage (LDES) tender, contracting six lithium‑ion battery projects totaling 1.17 GW of power and roughly 12 GWh of capacity. The awards, made by ASL, exceed the original 1 GW target by 117 %...

European Investment Bank Provides €24 Million Venture‑debt Loan to Battery Analytics Firm TWAICE

The European Investment Bank announced a €24 million long‑term venture‑debt loan to TWAICE, a Germany‑based battery data analytics provider, to support its BESS and EV market activities. Backed by the InvestEU programme, the funding will accelerate product development and expand TWAICE’s...

Octopus Australia Acquires 4.8GWh Hanworth Battery Storage Project and Queensland Solar‑battery Asset

Octopus Australia announced the acquisition of the 1.2 GW/4.8 GWh Hanworth Battery Energy Storage System from Enervist, marking the largest planned BESS in Australia. The company also bought the Dunmore Solar Farm and Battery project in Queensland from Samsung C&T Renewable Energy...

Evecon, Mirova and Corsica Sole Inaugurate First of Two 100MW/200MWh BESS in Estonia

Baltic Storage Platform, a joint venture of Evecon, Corsica Sole and Mirova, inaugurated the Hertz 1 battery energy storage system – a 100 MW/200 MWh facility near Tallinn. The BESS will trade across frequency‑containment, automatic and manual frequency‑restoration reserves as well as intraday and...

Energy Storage Players Great Power, Sunwoda and Deye Technology File Hong Kong Listing Applications

Three Chinese energy‑storage firms—Great Power, Sunwoda and Deye Technology—have filed or updated Main Board IPO applications on the Hong Kong Stock Exchange. Great Power targets RMB 10 billion revenue in 2025 and expects a profit turnaround. Sunwoda refiles its prospectus, showing RMB 56 billion...

Enlight Advances US$3 Billion, 1.2GW Solar 4GWh BESS ‘Complex’ in Arizona

Enlight Renewable Energy announced that its CO Bar Complex in Arizona will total 1.21 GW of solar PV and 4 GWh of battery storage across five stages, with an estimated $3 billion investment and $1.6 billion net cost after tax credits. The project secured a...

LG Energy Solution Targets 90GWh of Battery Orders in US Energy Storage Market in 2026

LG Energy Solution announced a target of 90 GWh of new battery‑energy‑storage‑system (BESS) orders in the United States for 2026, raising its ESS cell output to over 60 GWh while keeping total global capacity at roughly 300 GWh. The company plans to slash...

Great Power, Sunwoda, and Deye Technology File Hong Kong IPO Applications

Chinese energy storage firms Great Power, Sunwoda, and Deye Technology have filed listing applications on the Hong Kong Stock Exchange, signaling upcoming IPOs on the Main Board. Great Power submitted its application on 30 January, Sunwoda updated its prospectus on 30 January,...

Berkshire Hathaway Energy Montana Energises 150MWh BESS

Berkshire Hathaway Energy Montana has commissioned the 75 MW/150 MWh Glacier Battery System near Cut Bank, a $100 million investment that bolsters grid reliability. The battery storage enables rapid response to fluctuations from wind and solar generation. It also allows BHE Montana to...

‘Scrutinising Origin, Ownership, and Control’: FEOC Rules Change US BESS Buying

On January 1, 2026 the United States enforced foreign‑entity‑of‑concern (FEOC) restrictions and a 25% Section 301 tariff on Chinese‑origin battery energy storage systems (BESS). The new rules have shifted procurement from a price‑only focus to a comprehensive risk‑management approach that evaluates supply‑chain...

‘Spain’s Regulatory Landscape Still Incomplete’: Nuveen on Bankability in Southern Europe

Nuveen Infrastructure’s managing director Isabel Rodriguez de Rivera warned that Spain’s energy‑storage market still lacks a complete regulatory framework, hindering bankability of large‑scale battery projects. While the EU’s Clean Energy Package has spurred overall European BESS growth, national gaps persist,...

Uniper Signs 5GWh Conditional Supply Agreement for CMBlu’s Organic Flow Batteries

German utility Uniper has signed a conditional supply framework with CMBlu Energy to procure at least 5 GWh of the firm’s organic solid‑flow batteries. The agreement, running through 2037, allows Uniper to take delivery in 100 MWh blocks beginning in 2027 after...