Market conditions look favourable, but some developers are finding it difficult to prove their revenue projections will hold up.

Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.

IPP Zelestra has agreed a long-term toll for a 99MW/297MWh BESS project in Germany with the trading arm of UK-based power group Centrica.

Manufacturing delays have led Fluence to adjust its fiscal year 2026 guidance, even as the company has logged record quarterly orders and a US$6.4 billion backlog.

Australian Vanadium Limited has signed an MoU with Alcoa to evaluate the deployment of vanadium flow battery technology in Western Australia.

Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.

Independent power producer (IPP) ContourGlobal has begun construction of its fourth large-scale solar PV and battery storage hybrid project in Chile.

Flow battery company Invinity Energy Systems has sold 43MWh of battery systems to utility Dairyland Power Cooperative for deployment across long duration energy storage (LDES) projects in the US Midwest.

July was a busy month for large-scale battery storage activity in the UK, with Engie commissioning a system, Masdar and Fidra hitting financial close on projects, Eku Energy buying one, project consents for Aura Power and Starlight Energy, and more.

Japanese utility Tokyo Gas has entered into a long-term offtake agreement for a 49.7MW/202.1MWh battery storage project in Fukushima Prefecture.