Europe’s energy storage market has hit a turning point. What was once a scattered, early-phase market featuring pilot projects and daring developers has swiftly evolved into a dynamic, capital-intensive infrastructure sector, writes Wood Mackenzie research associate Cecilie Kristiansen.
That was the view of Søren Juel Hansen, energy storage director at Nordic Solar, when asked by Energy-Storage.news about the role of transmission system operators (TSO) in the industry.
A 100MW/200MWh BESS project in Estonia has been inaugurated by Baltic Storage Platform (BSP), a joint venture (JV) between Baltic developer Evecon, French independent power producer (IPP) Corsica Sole and investment manager Mirova.
Power firm Uniper has entered into a conditional supply contract with organic solid flow battery company CMBlu Energy for the delivery of at least 5GWh of its technology.
By the end of December 2025, China’s cumulative installed capacity of new energy storage technologies including lithium-ion reached 144.7GW, representing an 85% year-on-year rise.
Lithium-ion companies have come out as the top-rated suppliers on a new long-duration energy storage (LDES) leaderboard, while CO2 Battery company Energy Dome is the highest non-lithium company.