IPPs BrightNight and Cordelio Power have reached financial close on the 300MWac solar PV, 300MW/1,200MWh battery energy storage system (BESS) Pioneer Clean Energy Centre in Yuma, Arizona, US.
The government of Spain has chosen the 143 energy storage projects that will receive capex support from an EU-backed scheme, totalling nearly 9GWh of capacity.
As China enters Q4 2025, the capacity utilisation rate of the country’s energy storage battery manufacturing capacity will remain high, a trade body said.
BlackRock-backed Akaysha Energy has secured AU$460 million (US$299 million) in construction financing for its 311MW/1,244MWh Elaine battery energy storage system (BESS) in Victoria, Australia.
India’s energy storage industry is at a turning point as developers, financiers, and policymakers work to define viable business models for the next wave of large-scale battery projects.
LG Energy Solution and Stellantis’ joint venture (JV), NextStar Energy, Canada’s first large-scale lithium-ion (Li-ion) battery manufacturing plant, is expanding to produce energy storage system (ESS) batteries.