An EU-backed energy storage capex support scheme in Lithuania will support as much as 4,000MWh of battery storage, the Ministry of Energy has said.

Chinese solar PV inverter and energy storage provider Sungrow has announced two major developments: plans for a Hong Kong IPO and the release of its half-year 2025 interim report.

Hithium will supply two projects in Saudi Arabia with ‘the world’s first mass-produced kiloampere-hour (kAh) cells’.

“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.

IPP Neoen has enlisted BESS supplier NHOA Energy for its first energy storage project in Italy.

Governor of New Jersey, US, Phil Murphy, signed legislation into law to reach 2,000MW of energy storage capacity by 2030, and nearly doubling the state’s clean energy capacity.

BESS developer Pacific Green Technologies has secured a AU$77 million (US$49.9 million) debt facility for projects in Australia.

“We’re expecting the results of the Capacity Investment Scheme (CIS) Tender 3 in the coming weeks,” Thimo Mueller, general manager, commercial at ASL, said in the opening keynote of the Battery Asset Management Summit Australia 2025 this morning.

Independent power producer (IPP) Fullmark Energy has announced the commercial operation of its 20MW/40MWh Ortega energy storage project in Lake Elsinore, California, US.

 Independent power producer (IPP) NextEra Energy Resources (NEER) has received approval from the Utah Inland Port Authority (UIPA) for its 200MW battery energy storage system (BESS) in Salt Lake City, Utah, US.