Organic Flow Battery Company CMBlu Closes €50 Million Series C
CMBlu Energy announced the close of a €50 million (US$58.8 million) Series C round, pushing its valuation past the $1 billion mark. Samsung Ventures led the new capital while all existing backers, including Strabag SE, reinvested. The funding supports rollout of the SolidFlow organic‑redox‑flow battery, which blends solid‑state storage for higher energy density and avoids conflict‑metal supply risks. A conditional supply deal with Uniper could see up to 5 GW of systems delivered by 2037, positioning CMBlu for the growing US data‑centre market free of FEOC restrictions.
IPPs Complete 840MWh of Bulgaria BESS, Projects Progress Elsewhere in Southeast Europe
Independent power producers are rapidly scaling battery energy storage across Southeast Europe. Enery commissioned a 150 MW/601.8 MWh BESS in Bulgaria, now the largest operational system in the CEE region. Parallel projects include Rezolv’s 240 MWh storage paired with 225 MW solar, Moldova’s 60 MWh...
VIDEO – Energy Storage Summit 2026: What Technology Will Be Deployed for LDES?
At the Energy Storage Summit 2026 in London, a panel of six experts examined which long‑duration energy storage (LDES) technologies best address emerging grid needs. Moderated by Sam Wilks, the discussion highlighted the role of LDES in bridging multi‑hour to multi‑day...
Sungrow’s Grid-Forming PCS Achieves 19-Second Black Start at ‘World’s First’ 30MW Test Facility
Sungrow demonstrated its Power Titan 3.0 grid‑forming power conversion system achieving system voltage within 19 seconds after a black‑start at its new 30 MW test facility in Hefei, China. The extreme test covered 14 grid‑code scenarios from Europe, Australia and China, with...
Australia Installs 10.7GWh of Home Battery Storage Under Federal Subsidy Scheme
Australia has installed 380,712 home‑battery systems – about 10.7 GWh – under the Cheaper Home Batteries Program, a subsidy that has ballooned from an initial AU$2.3 bn (US$1.63 bn) to AU$7.2 bn (≈US$5.1 bn) by 2030. Minister Chris Bowen said the uptake outpaces the government’s...
Green Flexibility, Suncatcher, SWB and ArcelorMittal Progress Large-Scale BESS Projects in Germany Totalling 324MWh
Germany’s utility‑scale battery market received four major announcements in early May, adding 324 MWh of capacity. Green Flexibility inaugurated a 40 MW/80 MWh BESS in Bavaria, while SWB and Be.storaged plan an 85 MW/170 MWh system at a Bremen port for 2028. ArcelorMittal hired EDF...
Australia: NSW Battery Storage Systems Capture 11.9% of State Consumption
On May 2, 2026 New South Wales battery energy storage systems set a new charging record of 1,240 MW, capturing 11.9% of the state’s electricity consumption during the late‑morning solar window. The achievement represents a 72.5% year‑on‑year increase in charging capacity and...
Beyond Deployment: Building a Circular Future for Renewable Energy
Renewable energy deployment is accelerating, but the sector now faces a new challenge: managing the end‑of‑life of solar panels and battery storage responsibly. In Australia only about 17% of solar‑module materials are recycled, highlighting a large untapped value stream, while...
Why SK Is Exploring ‘Various Options’ to Raise Financing for BESS Developer Key Capture Energy
South Korea's conglomerate SK is actively weighing a range of financing alternatives to support Key Capture Energy, a developer of battery‑energy‑storage systems (BESS). The move follows a period of rapid growth in the global BESS market, where capital‑intensive projects are...
Data Centres’ Speed-to-Power Need Driving US LDES Commercialisation
Energy Dome, an Italy‑based CO₂‑based long‑duration energy storage (LDES) firm, highlighted its Battery Plus technology at Wood Mackenzie’s summit, linking the solution to the fast‑track power needs of U.S. data centres. The company recently signed an MOU with New Era Energy...
1GWh+ of BESS Progressed Across EU by Re:cap, Flower, Goldbeck, Tavion, LONGi, Teos and SPP
Across the EU, more than 1 GWh of battery‑energy‑storage‑system (BESS) capacity moved into construction, financing or operation this week. re:cap is launching a 95 MW/220 MWh project in Finland, while Goldbeck Solar received notice to proceed on two 100 MW/300 MWh German sites. Sweden’s Flower...
Australia, India, Japan, Philippines Drive APAC Battery Storage Shift
Australia, India, Japan and the Philippines are accelerating utility‑scale battery storage in APAC, moving projects from 10‑30 MWh to 500 MWh or larger. Trina Storage’s APAC head Warrick Stapleton says market maturity varies, with some regions shifting from frequency‑control ancillary services to...
US Administration ‘Must Make It Easier to Get Things Built,’ DOE Chief of Staff Says
Carl Coe, chief of staff at the U.S. Department of Energy, told the Wood Mackenzie Solar & Energy Storage Summit that the agency must simplify permitting and regulatory hurdles to accelerate project construction. The DOE’s latest forecasts show the U.S....
Matrix Renewables, BW ESS Secure Finance and Offtake for over 2.2GWh of UK BESS
Matrix Renewables closed a $311 million non‑recourse loan to build a 1 GWh, 500 MW battery storage plant in Scotland, slated for commercial operation in Q3 2027. EDF partnered with BW ESS to optimise its 350 MW/1,243 MWh Hams Hall BESS under a 10‑year PowerShift agreement, with...
Lightshift Energy Looks to Distributed Energy Storage to Address PJM’s Data Centre Issue
Lightshift Energy is rolling out 20 MW‑or‑smaller battery units at existing distribution substations to sidestep PJM’s costly, years‑long transmission projects. The approach promises 12‑24‑month deployment, avoiding $5‑$20 million interconnection upgrades and cutting land use versus comparable solar farms. By peak‑shaving, rural cooperatives...
NFPA 855: 2026 Edition Updates and What They Mean for Energy Storage Projects
The 2026 edition of NFPA 855, the U.S. standard for stationary energy‑storage systems, introduces sweeping updates that affect chemistry coverage, hazard analysis, and fire‑safety testing. Hazard Mitigation Analysis (HMA) becomes the default requirement for most installations, while new chemistries such as...
Sumitomo Electric Flow Battery Wins Japanese Transmission Operator HEPCO’s Renewables Integration Tender
Sumitomo Electric Industries secured a contract to supply an 11 MW/33 MWh vanadium redox flow battery for Hokkaido Electric Power Network (HEPCO). The system will be installed at the Minami‑Hayakita substation to boost grid hosting capacity for wind farms, supporting HEPCO’s 97 MW...
ARENA Invests AU$11 Million in First Nations-Led Microgrids in Australia’s Northern Territory
The Australian Renewable Energy Agency (ARENA) is allocating AU$11 million (≈US$7.9 million) to two First Nations‑led microgrid projects in the Northern Territory’s remote communities of Borroloola and Ltyentye Apurte. The Ngardara Project in Borroloola will become Australia’s first utility‑scale solar‑battery microgrid owned by...
Georgia Power Files RFP for up to 6,000MW of New Dispatchable Energy Resources
Georgia Power has filed a request with the Georgia Public Service Commission to launch an all‑source RFP for 2,000‑6,000 MW of new dispatchable capacity, targeting needs through 2033. The solicitation will cover thermal generation, standalone energy‑storage systems and battery‑storage‑plus‑renewables configurations, with...
Australian Court Amends Consent for Hydrostor’s 1.6GWh Long-Duration Energy Storage Project Following Appeal
The New South Wales Land and Environment Court upheld an appeal by tourism operator Outback Astronomy, imposing amended consent conditions on Hydrostor’s 1.6 GWh (200 MW/1,600 MWh) Silver City advanced compressed‑air energy storage (A‑CAES) project. Hydrostor must now consult the complainant at every...
Plus Power Signs ESA for 800MWh Alabama BESS
Plus Power and the Tennessee Valley Authority (TVA) have signed a 20‑year energy storage agreement for the 200 MW/800 MWh Crawfish Creek battery energy storage system in Jackson County, Alabama. Construction is slated to begin in 2028 with commercial operation targeted for...
‘As Deployments Grow, so Does the Need,’ Says Sungrow North America Cybersecurity Director
Sungrow’s North America cybersecurity director Michael Hudson says the company builds its battery‑energy‑storage‑system (BESS) security on the IEC 62443 framework for utility‑scale and commercial‑industrial products, while residential inverters follow IoT standards such as EN 303645 and EN 18031. He notes the cybersecurity team...
ROUNDUP: IPPs BrightNight, Lydian Acquire US Portfolios, ILOS Projects Upsizes European Credit Facility
BrightNight has bought out Cordelio Power’s stake, taking full ownership of a 6 GW development portfolio in the western United States and retaining four operating assets, including the 300 MW Box Canyon solar farm and the 200 MW Greenwater battery. Lydian Energy acquired...
VIDEO – Energy Storage Summit 2026: How Much LDES Does the UK Need, and at What Price?
At the Energy Storage Summit 2026 in London, a panel titled “Driving LDES Forward: The Perfect Time to Invest?” examined how much long‑duration energy storage (LDES) the UK requires, the suitability of the government’s cap‑and‑floor procurement model, and expected price...
China’s Energy Storage Battery Exports Hit 27.3GWh in Q1 2026
China’s energy‑storage battery exports reached 27.3 GWh in Q1 2026, representing 32.4% of total battery shipments and a 15% year‑on‑year increase. Combined power and storage battery exports climbed to 84.1 GWh, up 36.7% YoY, with March alone posting a 96.9% month‑on‑month jump to...
Grid-Forming Inverters Feature in 74% of Australia’s 33.2GW NEM Battery Storage Pipeline
Around 74% of battery projects in Australia’s National Electricity Market (NEM) now feature grid‑forming inverters, a technology that can independently control voltage and frequency. The NEM battery storage pipeline surged to 33.2 GW in Q1 2026, a 62% increase from the previous...
RWE and Polarium to Combine Distributed Batteries Into 50MW/135MWh Germany VPP
German utility RWE has partnered with Sweden‑based Polarium to launch a battery‑based virtual power plant in Germany. The VPP will initially aggregate 1,600 distributed batteries, delivering at least 50 MW and 135 MWh of capacity, with plans to scale to 10,000 units...
Tesla Reports Declines in Quarterly Energy Storage Revenues and Deployments
Tesla reported a 15% drop in Q1 2026 energy‑storage deployments, delivering 8.8 GWh, and a 12% year‑over‑year decline in energy‑generation and storage revenue to $2.408 billion. Despite lower volumes, the division posted a record gross margin above 39.5%, its highest ever. CFO Vaibhav...
Green Capital Enlists EPC Electrum for 320MWh Poland BESS, Under Full Wrap for ‘Cost Predictability’
Green Capital has contracted Polish EPC firm Electrum to build an 80 MW/320 MWh battery energy storage system in Lower Silesia, Poland, using a full “wrap” model that includes procurement, installation, grid integration and a five‑year O&M agreement. Construction is set to start...
AccelerateEU ‘Emergency Toolbox’ Policy on Fossil Fuel Dependence Falls Short on Energy Storage, Trade Groups Say
The European Commission unveiled AccelerateEU, an emergency toolbox aimed at curbing EU fossil‑fuel dependence after an extra €24 billion (US$28.09 billion) was spent on imports in the first 50 days of the latest Middle East conflict. The plan sets a bloc‑wide electrification target,...
VIDEO – Energy Storage Summit 2026: What Does Market Saturation in Europe Mean for BESS?
At the Energy Storage Summit 2026 in London, a panel examined how Europe’s battery‑energy‑storage system (BESS) market is nearing saturation and what that means for future revenues. Panelists from Gore Street Capital, Sosteneo, Starlight Energy, Enfinity Global and NHOA discussed...
EnBW and Noveria Advance Construction on 1- and 4-Hour BESS Projects in Germany
EnBW announced that its portfolio of battery energy storage systems (BESS) in Germany will total 1.8 GWh, highlighted by a 400 MW/800 MWh lithium‑ion project at Philippsburg Energy Park slated for 2027 commissioning. The company also envisions pairing short‑term battery storage with hydrogen‑capable...
‘Great News for Irish Energy Storage Industry’ as Regulator Cuts Grid Fees
Ireland’s Commission for Regulation of Utilities (CRU) announced it will levy grid fees on energy‑storage units (ESUs) solely as generators, applying only Generation Transmission Use of System (G‑TUoS) charges and dropping Demand‑TUoS fees. The regulator estimates the shift will boost...
Zambia’s President Launches Country’s Largest Hybrid Solar-Plus-Storage Project
President Hakainde Hichilema launched Zambia’s largest hybrid solar‑plus‑storage project, Leopards Hill, a 250 MWp solar photovoltaic plant paired with a 150 MW/600 MWh battery system near Lusaka. The $315 million development, led by IPP Globeleq and Leopard Investment Company, is slated for financial close...
SK Considers ‘Various Strategic Options’ to Raise Financing for BESS Developer Key Capture Energy
South Korean conglomerate SK Group, via its SK Innovation E&S arm, is exploring strategic options to raise roughly US$350 million for battery‑storage developer Key Capture Energy. The capital raise, reportedly overseen by Nomura Greentech, remains unconfirmed. KCE, which operates 623 MW of...
Meta Reserves up to 100GWh of US ‘Multi-Day’ Energy Storage Startup Noon Energy’s Technology
Meta has signed an agreement to reserve up to 1 GW of long‑duration energy storage (LDES) capacity, equivalent to 100 GWh, from U.S. startup Noon Energy. The partnership will start with a 25 MW/2.5 GWh pilot slated for completion by 2028, after which Noon...
Genesis Energy Greenlights ‘Lowest Cost’ Grid-Scale BESS in New Zealand
Genesis Energy has given final investment approval for the second stage of its Huntly battery energy storage system, adding 100 MW/200 MWh for a total of 200 MW/400 MWh by FY 2028 Q3. The NZ$106 million (US$62 million) project leverages existing land and grid connections, aiming to...
US ROUNDUP: BESS Developers Highlight ‘Bring Your Own Capacity’ Model in Data Centre Announcements
U.S. data‑centre developers are increasingly adopting a “bring your own capacity” (BYOC) approach, highlighted by three recent announcements. Eos Energy and Turbine‑X signed a joint development agreement to deploy up to 2 GWh of zinc‑hybrid battery storage paired with natural‑gas turbines...
BESS Analytics ‘Bridge the Gap Between Technical Performance and Commercial Outcomes’
Battery energy storage system (BESS) operators are turning to cloud‑based analytics to overcome fragmented data and inconsistent performance metrics. TWAICE, a German firm with a growing U.S. presence, provides a platform that standardizes health, performance, and lifetime metrics across individual...
HDRE, Tokyo Gas Sign 150MW BESS Deal in Japan as Trading, Curtailment and Disaster Relief Drive Use Cases in Growing...
HD Renewable Energy (HDRE) and Tokyo Gas have signed two new battery energy storage system (BESS) projects—a 99 MW plant and a 50 MW asset in Aomori—bringing their joint contracted capacity to 340 MW. The projects are covered by 20‑year Long‑Term Decarbonization Auction...
Pacific Energy to Deliver 81MWh Battery Storage Systems to Australia’s Northern Territory
Pacific Energy has secured a contract from Territory Generation to deliver 33.5 MW/81 MWh of utility‑scale battery energy storage systems for the Alice Springs and Darwin‑Katherine power networks in Australia’s Northern Territory. The project, part of the Territory Generation Battery Energy Storage...
Recurrent Energy’s 600MWh Sundown Energy Park Clears Australia’s Rigorous Grid Connection Process
Recurrent Energy Australia secured AEMO’s clause 5.3.4 grid‑connection approval for the Sundown Energy Park in New South Wales. The hybrid project pairs 443 MW of solar PV with a 600 MWh battery energy storage system, linking to the existing 330 kV transmission line. Approval...
VIDEO – Energy Storage Summit 2026: Lessons Learned From BESS Construction Projects
The Energy Storage Summit 2026 in London hosted a panel on "Lessons Learned from BESS Construction Projects," highlighting the intricate web of supplier contracts, site acceptance tests, data analysis, and multi‑contractor coordination that define utility‑scale battery builds. Panelists from Solar Media,...
Hithium Signs €400 Million Spain Battery Gigafactory Investment Agreement After Two-Year Courtship
Chinese battery maker Hithium has signed a €400 million (US$471 million) investment commitment to build a gigafactory in Navarre, Spain, slated to create 700 direct jobs and start operations in 2027. The deal, signed by Hithium’s founder Jeff Wu and Spanish officials...
Akaysha Inks Deal with Copenhagen Energy for ‘Mega-Scale’ Battery Storage Projects in Germany
Akaysha Energy, backed by BlackRock, has signed a joint‑development agreement with Copenhagen Energy to launch mega‑scale battery storage projects in Germany. The partnership blends Akaysha’s proven track record of utility‑scale batteries with Copenhagen’s power‑trading and market‑optimisation expertise. Akaysha recently secured...
Puerto Rico Approves Aggregated Residential Energy Storage Motion From Tesla, Sunrun, and SunStrong
Puerto Rico's Energy Bureau approved a joint motion by Tesla, Sunrun and SunStrong to auto‑enroll residential battery owners into the Customer Battery Energy Sharing (CBES) program, effectively creating an aggregated virtual power plant. The auto‑enrollment, which expanded to 81,000 homes...
Strait of Hormuz Closure Creates Complexity for Global Energy Storage Markets
The US‑Israel war with Iran led Iran to close the Strait of Hormuz, choking the world’s primary oil conduit and pushing gasoline prices in the United States to about $4.06 per gallon. While the battery‑storage sector has not felt a...
Virginia Governor Abigail Spanberger Signs Legislation Mandating 20.78GW of Energy Storage
Virginia Governor Abigail Spanberger signed HB 895 and SB 448, mandating 20.78 GW of energy‑storage capacity across the Commonwealth. Appalachian Power must deliver 780 MW of short‑duration and 520 MW of long‑duration storage by 2040‑2045, while Dominion Energy is tasked with 16 GW short‑duration and 3.48 GW...
Investor Wood & Co Engages Partners to Put 145MW of BESS Into Nordic Electricity Markets
Czech investment group Wood & Co has secured construction and optimisation partners for two large‑scale battery‑energy‑storage projects in Finland and one in Sweden, adding a total of 145 MW/310 MWh capacity to its renewables sub‑fund. The Finnish assets, a 30 MW/60 MWh and a...
Neoen Australia Submits 3.2GWh Bondo Wind-Plus-Storage Project to the EPBC Act
Neoen Australia has lodged its 3.2 GWh Bondo wind‑plus‑storage project for federal EPBC environmental assessment. The scheme will host up to 164 turbines delivering roughly 1.2 GW of power, coupled with two 400 MW/4‑hour battery systems totaling 1,600 MWh of storage. Covering 41,923 ha in...