Latest News

Automated analysis of power industry news, curated for developers and large loads.

Energy Storage News11 days ago

SMA system integrator subsidiary Altenso enters Australian market with two BESS projects

  • SMA's system integrator subsidiary, Altenso, has officially launched its operations in the Australian market.
  • Altenso is immediately commencing work on two battery energy storage system (BESS) projects in Australia.
  • This introduces a new, established player backed by a major inverter OEM into the Australian BESS integration landscape, expanding options for project development and execution for IPPs and large loads.
storage
Energy Storage News11 days ago

Daiwa Energy & Infrastructure builds 160MWh revenue-stacking BESS in Hokkaido, Japan

  • Daiwa Energy & Infrastructure (DEI), backed by Daiwa Securities, is developing a 160MWh battery energy storage system (BESS) in Hokkaido, Japan.
  • The project is explicitly designed for "revenue-stacking," indicating a sophisticated market participation strategy to maximize returns from multiple grid services.
  • This significant investment by an investment bank-backed asset manager highlights increasing financial confidence in large-scale BESS projects globally, particularly those leveraging diverse revenue streams.
storage
Energy Storage News11 days ago

Australia’s energy transition ‘not a pipe dream,’ says new Clean Energy Council CEO

  • Jackie Trad, the new CEO of the Clean Energy Council, affirmed that Australia's energy transition is actively underway and not merely aspirational.
  • This declaration, made at All-Energy Australia 2025, signals strong industry and leadership commitment to renewable energy development.
  • For developers and large power consumers, this reinforces a stable and growing market for clean energy projects and associated infrastructure in Australia.
storage
Energy Storage News12 days ago

Tesla reports record energy storage deployments and profit ahead of vote on Musk’s monster pay proposal

  • Tesla reported record energy storage deployments in Q3 2025, indicating robust market demand and successful project execution.
  • The energy storage business segment achieved significant profits, signaling the financial viability and growth potential of storage solutions.
  • This performance suggests increasing availability and potentially competitive options for developers and large power consumers seeking grid-scale or commercial/industrial (C&I) storage solutions.
storage
Energy Storage News12 days ago

Zinc battery storage startup Eos to invest US$353 million in manufacturing and HQ move to Pennsylvania

  • Zinc battery storage OEM Eos Energy is investing US$353 million to establish its manufacturing and headquarters in Pennsylvania, boosting domestic supply.
  • Eos has secured new energy storage project agreements with major players Talen Energy and MN8 Energy, signaling market adoption for its technology.
  • This expansion provides developers and large power consumers with an increasingly viable, non-lithium-ion battery storage option and strengthens the US energy storage supply chain.
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Energy Storage News12 days ago

Driving change: Volvo Penta’s battery systems for BESS applications in construction

  • Volvo Penta is expanding its OEM offerings with battery energy storage systems (BESS) specifically designed for heavy industry and construction applications.
  • This introduces a new, established industrial manufacturer into the BESS supplier market, potentially increasing options for developers and large industrial power consumers seeking robust solutions.
  • The focus on demanding sectors like construction suggests reliable BESS solutions capable of supporting temporary or grid-constrained large loads, potentially reducing reliance on fossil fuel generators.
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Energy Storage News12 days ago

‘Terna is the big winner’: Taking stock of Italy’s MACSE auction

  • Italy's TSO, Terna, successfully procured 10GWh of long-term electricity capacity through the MACSE auction.
  • The auction resulted in 'extremely low prices' for the procured capacity, making Terna the primary beneficiary.
  • This outcome signals a highly competitive market environment for energy storage and capacity developers in Italy, potentially impacting project profitability.
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Energy Storage News12 days ago

Singapore: 670MW ‘hydrogen-ready’ CCGT with integrated battery storage, inertia trial at Southeast Asia’s biggest BESS

  • Singapore's Jurong Island is set to host a 670MW 'hydrogen-ready' Combined Cycle Gas Turbine (CCGT) power plant.
  • The project includes integrated battery storage, featuring what will be Southeast Asia's largest Battery Energy Storage System (BESS), which will also conduct an inertia trial.
  • This development highlights a strategic shift towards flexible, hybrid generation solutions, offering enhanced grid stability and a pathway for future decarbonization through hydrogen readiness.
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Energy Storage News12 days ago

Australia: Energy storage comprises 26.1GW of AEMO’s record 56.6GW NEM project pipeline

  • Australia's National Electricity Market (NEM) has a record 56.6 GW development pipeline for new generation and storage capacity.
  • Energy storage projects constitute a significant 26.1 GW (46%) of this pipeline, indicating a strong market focus on grid flexibility and renewable integration.
  • This massive pipeline signals substantial future supply growth and investment opportunities for developers in the Australian market, particularly in battery energy storage systems.
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Energy Storage News12 days ago

Wärtsilä to deliver ‘Australia’s largest DC-coupled hybrid battery system’ for the NEM

  • Wärtsilä is delivering Australia's largest DC-coupled hybrid battery energy storage system (BESS) for the National Electricity Market (NEM).
  • This project signals a maturing market for advanced, large-scale energy storage, creating new development opportunities for integrated renewable solutions.
  • For large power consumers, such grid-scale BESS deployments enhance grid stability, improve reliability, and can help mitigate price volatility.
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Energy Storage News13 days ago

UAE: Masdar begins work on ‘world-largest’ solar-plus-storage project with 19GWh BESS

  • Masdar has commenced construction on what is described as the 'world's largest' solar-plus-storage project in Abu Dhabi, featuring an unprecedented 19GWh Battery Energy Storage System (BESS).
  • This project sets a new global benchmark for the scale of integrated solar and battery energy storage, signaling a trend towards gigawatt-hour scale BESS deployments that can provide massive grid stability and firming capacity.
  • For large power consumers, this scale of BESS integration implies significantly enhanced reliability and availability of renewable energy, potentially leading to more competitive and stable green power Purchase Power Agreements (PPAs).
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Energy Storage News13 days ago

Saft wins 356MWh battery storage project contract in Taiwan with Foxlink Group company

  • Saft has been awarded a contract by energy trading company Foxwell Power (a Foxlink Group company) to supply a 356MWh battery storage solution in Taiwan.
  • This significant project highlights the increasing scale of battery energy storage system (BESS) deployments globally and the growing involvement of energy trading firms in developing such assets.
  • The commitment by a major industrial group (Foxlink) to this large-scale storage project signals a trend of large power consumers investing in advanced energy infrastructure, potentially for grid services, stability, or optimized energy management.
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Energy Storage News13 days ago

‘Significantly more complex than expected’: Redearth’s Australian vehicle-to-grid launch

  • RedEarth has delayed the launch of Australia's first locally manufactured vehicle-to-grid (V2G) charger, citing unexpected complexity.
  • The delay signals significant technical and/or regulatory challenges in bringing novel V2G technology to market, impacting deployment timelines for developers and large power consumers.
  • This project, while delayed, represents an early-stage effort in V2G integration, offering insights into the practical hurdles of deploying such systems at scale.
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Energy Storage News13 days ago

Australia’s Cheaper Home Batteries Program reaches 2GWh of storage capacity

  • Australia's 'Cheaper Home Batteries Program' has achieved over 100,000 installations, deploying 2GWh of subsidized distributed energy storage capacity for households and small businesses.
  • This significant deployment signals strong government policy support for behind-the-meter storage, creating a robust market for battery OEMs and installers.
  • The 2GWh of distributed capacity represents a growing pool of flexible resources that can be aggregated into Virtual Power Plants (VPPs), impacting peak demand, grid stability, and creating new revenue streams for developers and IPPs.
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Energy Storage News16 days ago

Energy Vault, Jupiter Power, advance projects in ERCOT BESS market

  • Energy Vault acquired a 150MW BESS in ERCOT, indicating active M&A and investment in the region's storage market for developers.
  • Jupiter Power secured a 100MW BESS agreement with Austin Energy, highlighting new PPA opportunities for storage developers.
  • The ERCOT BESS market continues to expand with significant new capacity, offering increased grid flexibility and potential for ancillary services.
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Energy Storage News16 days ago

US battery materials and BESS firm Redwood raises US$350 million Series E

  • Redwood Materials secured US$350 million in Series E funding to significantly scale its critical battery materials and energy storage businesses.
  • This investment signals a strengthening domestic supply chain for battery components, potentially leading to increased availability and more competitive pricing for BESS projects.
  • The expansion of battery materials and energy storage operations supports accelerated deployment of BESS, offering enhanced grid flexibility, resilience, and new opportunities for developers and large power consumers.
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Energy Storage News16 days ago

California utility renegotiates purchase agreement with RWE for 476MWh BESS after regulator rejects initial proposal

  • San Diego Gas & Electric (SDG&E) is seeking regulatory approval to acquire an operational 476MWh Battery Energy Storage System (BESS) in Imperial County from RWE.
  • This acquisition follows a renegotiation of the purchase agreement after the initial proposal was rejected by regulators, indicating heightened scrutiny on BESS project economics and PPA terms.
  • The transaction involves an operational asset, suggesting a potential trend towards utilities acquiring existing storage capacity, which could impact new development opportunities and market dynamics.
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Energy Storage News16 days ago

Price falls have enabled ‘zero-capex’ co-located BESS business model in Spain, company says

  • Lunas Energy is offering a 'zero-capex' business model for co-located Battery Energy Storage Systems (BESS) to solar PV plant operators in Spain.
  • This initiative directly addresses the increasing challenges of solar curtailment and negative pricing in the Spanish electricity market.
  • The viability of this 'zero-capex' BESS deployment is attributed to recent significant reductions in BESS capital expenditure.
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Energy Storage News16 days ago

South Korean government investment in US BESS developer ‘reflects shared commitment to reliable, affordable power’

  • US BESS developer Peregrine Energy Solutions secured US$130 million in investment, notably including capital from the South Korean Ministry of Environment.
  • This significant international funding signals strong confidence in the growth and profitability of the US battery energy storage market for developers.
  • Increased capital for BESS developers will likely accelerate the deployment of storage projects, enhancing grid reliability and potentially stabilizing energy prices for large power consumers.
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Energy Storage News16 days ago

VIDEO: Demystifying the BESS metrics that matter most, from SoC and SoH to cell imbalance and RTE

  • A Wärtsilä-sponsored webinar will demystify critical BESS metrics including State of Charge (SoC), State of Health (SoH), cell imbalance, and Round Trip Efficiency (RTE).
  • For developers and large power consumers, understanding these BESS performance metrics is essential for optimizing system operation, predicting asset longevity, and ensuring project economic viability.
  • The session aims to provide practical insights into managing and interpreting BESS data, directly impacting operational efficiency, revenue streams, and long-term asset value for storage projects.
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