UBS Asset Management has selected data analytics software company ACCURE to optimise a portfolio of battery storage assets in Texas, US.

IPP Cordelio Power has procured over 1GWh of battery energy storage system (BESS) equipment with US-headquartered energy storage system integrator and renewable energy services provider Fluence Energy.

State-owned utility and power generation firm NEK is deploying BESS at its hydropower plants across Bulgaria.

Australian energy major AGL Energy disclosed in its half-year results that it intends to make a final investment decision (FID) over the next 18 months for 1.4GW of utility-scale battery energy storage systems (BESS).

Gold Green Energy has secured consent for a 400MWh solar-plus-BESS site, whilst AEMO has seen 18.1GW of BESS seeking a connection to the NEM.

Ørsted has taken a final investment decision (FID) on a 250MW/500MWh BESS that will be co-located with one of the company’s operational solar facilities in Fort Bend County, Texas.

Virtual power plants (VPPs) are networks of small-scale, distributed energy resources, such as solar panels or batteries (and in some instances vehicles) which can together function as a single power plant, providing stability to the electric grid.

North American lithium-ion battery recycling specialist Li-Cycle has seen a significant increase in battery energy storage system (BESS) materials in its feedstock.

Fluence has reported a year-on-year fall in quarterly revenues and lowered its 2025 guidance but sees ‘robust’ global demand for battery storage.  

Battery storage played a crucial role in the Baltic region’s switch from Russia over to the Continental European grid over the weekend, coinciding with Lithuania launching a €100 million storage support scheme.