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CATL Hong Kong IPO

CATL raises US$4.5 billion in Hong Kong IPO, ‘deepens integration into global capital markets’

May 22, 2025
The world’s largest lithium-ion battery company CATL has completed its secondary listing on the Hong Kong Stock Exchange (HKEX), raising US$4.5 billion.
Electric utility Korea Electric Power Corporation (KEPCO) inaugurated a 978MW portfolio of battery storage systems with the participation of 14 companies, in September last year near Miryang City. Image: KEPCO

South Korea: Government tenders central contracts for 540MW/3,240MWh BESS

May 22, 2025
South Korea’s Ministry of Trade, Industry and Energy will host a competitive solicitation for battery storage capacity in two locations.
Image: ACE Power.

ACE Power submits plans for up to 8GWh of BESS to Australia’s EPBC Act

May 22, 2025
ACE Power has submitted a BESS of up to 8,000MWh in New South Wales to the Australian government’s EPBC Act.
CEC Energy Storage 2025

California’s battery storage installations grow to almost 16GW

May 21, 2025
Installed battery storage capacity in California, US has grown from 771MW in 2019 to more than 15,500MW as of 31 January, 2025.
Green flexibility Enertrag BESS project Germany render

Germany opening up inertia services for BESS, discussing grid fee reforms

May 21, 2025
Regulators in Germany are considering two big reforms that could improve the business case for BESS, while developer-operator Green Flexibility has announced its first major project.
ZEBRE, a joint venture between Zen Energy and HDRE, secured the rights to the Templers BESS (pictured) last month. Image: HDRE.

Commissioning begins on South Australia’s second-largest BESS

May 21, 2025
Commissioning has commenced on the 111MW/285MWh Templers battery energy storage system (BESS) in South Australia.
Anthony Albanese (pictured) and the Labor Party have taken on board the need for storage in making clean energy dispatchable, Dr Bruce Mountain said. Image: Anthony Albanese's office via Twitter.

Australian government confirms Cheaper Home Batteries Program from 1 July

May 21, 2025
Delivering on its 2025 election pledge, Australia’s Labor government has announced it will introduce the Cheaper Home Batteries Program from 1 July 2025.
San Diego County Supervisor Jim Desmond advocating for his BESS moratorium legislation, which has so far not been taken up. Image: Jim Desmond via Facebook.
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California BESS legislation update: Progress for pragmatic approaches, not for the extreme

May 20, 2025
Matthew Biss examines legislative moves regarding the safe siting and deployment of battery storage in California, the biggest market by state in the US.
Fluence began producing its own battery modules from its factory in Utah (pictured) last year. Image: Fluence.

Fluence grows US manufacturing footprint with Arizona factory opening

May 20, 2025
Fluence has taken a step forward in its strategy to “fully onshore production, as quickly as possible,” opening a new factory in the US.
Zelestra Sungrow Chile deal ceremony

Zelestra and Sungrow sign 1GWh BESS deal for Chile project

May 20, 2025
Developer and independent power producer (IPP) Zelestra has ordered 1GWh of BESS technology plus PCS equipment from Sungrow for a project in Chile.

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AES completes phase one construction of largest solar-plus-storage project in the US

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California Energy Commission public information meeting for Engie BESS project draws huge interest

Powin files for Chapter 11 bankruptcy protection and spins off project services business

Senate Finance Committee reconciliation bill draft keeps energy storage ITC, cuts solar PV, wind and EV incentives

Hithium starts manufacturing ‘world-first’ 1175Ah cell as industry ‘enters era of LDES’

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The dynamics of BESS and cell supplier relationships

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