Energy Storage News

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Global news and analysis dedicated to grid-scale and distributed energy storage.

Aypa Power Closes US$1.5 Billion Credit Facility for US BESS Projects
NewsFeb 5, 2026

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)...

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Fluence Revenue up 154% but Margin Halves in Last Three Months of 2025
NewsFeb 5, 2026

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...

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Philippines House of Representatives Passes National Energy Storage Framework Legislation
NewsFeb 5, 2026

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...

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Octopus Australia Acquires 4.8GWh Battery Storage Project in New South Wales
NewsFeb 5, 2026

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...

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Australia’s Biggest LDES Tender: NSW Contracts Six Battery Storage Projects Totalling 1.17GW/12GWh
NewsFeb 5, 2026

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 %...

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Evecon, Mirova and Corsica Sole Inaugurate First of Two 100MW/200MWh BESS in Estonia
NewsFeb 4, 2026

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...

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Energy Storage Players Great Power, Sunwoda and Deye Technology File Hong Kong Listing Applications
NewsFeb 4, 2026

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...

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Enlight Advances US$3 Billion, 1.2GW Solar 4GWh BESS ‘Complex’ in Arizona
NewsFeb 4, 2026

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...

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LG Energy Solution Targets 90GWh of Battery Orders in US Energy Storage Market in 2026
NewsFeb 4, 2026

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...

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Berkshire Hathaway Energy Montana Energises 150MWh BESS
NewsFeb 3, 2026

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...

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‘Scrutinising Origin, Ownership, and Control’: FEOC Rules Change US BESS Buying
NewsFeb 3, 2026

‘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...

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‘Spain’s Regulatory Landscape Still Incomplete’: Nuveen on Bankability in Southern Europe
NewsFeb 3, 2026

‘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,...

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Uniper Signs 5GWh Conditional Supply Agreement for CMBlu’s Organic Flow Batteries
NewsFeb 3, 2026

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...

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