Shell has sold sonnen, the residential battery storage company it acquired in 2019, as the oil & gas major focuses its attention on “portfolio high-grading efforts.”

US lithium-sulphur battery company Lyten is aiming to acquire another of Europe’s failed homegrown battery startups, Norway’s Morrow Batteries, which went into bankruptcy earlier this year. 

The UK government has launched a new grant funding programme for energy storage technologies that can provide inter-day and seasonal energy shifting applications.

Australia’s BESS market evolves from physical tolls to commoditised contracts as spreads compress & investor return expectations rise to 14%.

BESS developers who built business cases on assumptions of faster coal plant closures are now absorbing the consequences of that timeline slipping.

Sunrun has agreed with distributed energy resource platform Voltus to support its Bring Your Own Capacity (BYOC) programmes for AI hyperscalers.

Invinity Energy Systems has hired an EPC partner for its gigawatt-hour-scale vanadium redox flow battery (VRFB) energy storage project in Laufenberg, Switzerland.

GE Vernova and CATL selected for 1,216MWh Supernode Stage 3 in Queensland, which will expand Australia’s largest battery storage system.

The New Jersey Board of Public Utilities (NJBPU) has released a proposal for the next phase of its Garden State Energy Storage Programme (GSESP) consisting of approximately 150MW of energy storage capacity in the US state.

India’s battery storage sector will remain far from self-sufficient in cell supply for at least a decade, Wood Mackenzie says.