Cygni Energy, a manufacturer of electric vehicle battery packs and battery storage systems, has opened a ‘gigafactory’ in India.

UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.

System integrator Intilion will provide 81MWh of its BESS technology for a project in North-Rhine Westphalia, Germany.

Copenhagen Infrastructure Partners (CIP) will divest a 50% ownership stake in its 500MW Coalburn 1 BESS to alternative investor AXA IM Alts.

Yarra Energy Foundation has secured funding to install three new community batteries in and around Melbourne, Victoria, Australia.

AEMO has revealed that, as of March 2025, the pipeline of new standalone BESS in the NEM has increased by 86% year-on-year (YoY).

NYSERDA has launched a programme to incentivise residential and retail energy storage in the state, offering a total of US$775 million for energy storage projects.

Investor NTR has picked system integrator Fluence for a 55MW/110MWh BESS project in Finland, with grid forming capabilities.

A total of 26 battery energy storage projects in Japan have been selected for contracts through the Long-Term Decarbonisation Power Source Auction (LTDA) for 2024.

A handful of successful applicants to Ontario’s largest-ever energy storage procurement are receiving heightened backlash from local opposition over their plans.