“Australia is one of the leading countries for grid-forming inverters,” said Natalie Thompson, senior analyst of energy storage and solar at Wood Mackenzie, when discussing the Australian energy storage market.

Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of energy storage and renewables projects to its portfolio.

Following in the footsteps of several other US jurisdictions this year, officials at California’s Orange County are one step closer to amending zoning laws to allow the development of BESS. 

Three companies, Pacifico Energy, Zenith Volts, and Fermi America have begun expanding power generation and energy storage capabilities for US data centre development.

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.