Fluence has ‘met or exceeded’ its financial guidance metrics for its 2024 fiscal year and expects to see ‘significant growth’ in its FY2025.

Callum McGuinn, partner at European intellectual property (IP) firm Mewburn Ellis, rounds up the major advancements in battery cell technology that BESS industry sources should be aware of.

State-owned energy company Synergy has completed construction of its 200MW/800MWh Kwinana battery BESS in Western Australia.

Multinational utility and IPP Engie, has penned a virtual battery offtake agreement with developer Neoen for a portion of its Victorian Big Battery.

IPP Clearway Energy Group has signed a Energy Storage Exclusivity Agreement (ESEA) with California CCA utility Central Coast Community Energy (3CE) for a 750MW/3,000MWh standalone BESS located in Monterey County, California. 

The Asian Development Bank (ADB) multilateral finance institution has approved a loan to upgrade Sri Lanka’s grid infrastructure.

A flurry of major grid-scale BESS news in Finland, the Netherlands, Germany and France about projects which could all be described as the largest in those countries.

Australia’s New South Wales government has approved plans for a 500MW/2,000MWh battery energy storage system (BESS) being developed by energy generator-retailer EnergyAustralia.

The Energy Storage Awards 2024 ceremony saw the European industry and its partners gather to celebrate the best technologies, brightest minds and sharpest business ideas.

European battery company Northvolt has filed for Chapter 11 ‘reorganisation’ bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business.