Shenzhen PowerOak New Energy Co., Ltd. (PowerOak), the fourth key player in the global portable energy storage sector, has submitted its IPO application to the Hong Kong Stock Exchange.

Ex-Fluence alumnus Marek Kubik sat down with Energy-Storage.news at last month’s Energy Storage Summit 2026 in London to talk big picture BESS technology trends, including energy density, LDES and sodium-ion.

Renewables developer and IPP Storm has secured project finance for two large-scale BESS projects in Ruien and Langerlo, Belgium.

Arevon, Banpu Power (BPP) and Energy Vault have made BESS project announcements totalling 1,550MWh of capacity in the US.

Utility and power firm Munch Energie is putting five large-scale BESS projects online in Germany. 

The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month’s Energy Storage Summit 2026 shared their views on the topic.

UK battery storage projects won a combined 1.8GW of capacity market (CM) obligations across the T-1 and T-4 auctions.

A total of 6.9GW/17.1GWh of grid-scale BESS came online last month, as per the most recent figures from Benchmark Mineral Intelligence.

Terna, the transmission system operator (TSO) of Italy, has approved the grid connection for a 500MW/3GWh BESS project. Meanwhile several smaller projects have progressed across the rest of Europe.

Executives from BW ESS, R.Power and Econergy, IPPs building large-scale BESS across Europe and Australia, recently sat down for video interviews at the Energy Storage Summit 2026 in London.