Japanese telecoms tech company Softbank Corporation has launched a battery cell and battery energy storage system (BESS) manufacturing arm in its home country.
The power generation arm of Manila Electric Company (Meralco), the Philippines’ largest private electricity distributor, has completed a grid-scale battery storage project.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.