A trio of major announcements in the grid-scale BESS market in Chile, with Canadian Solar winning a delivery contract from Colbun, Metlen Energy & Metals selling a solar-plus-storage portfolio to Glenfarne, and Atlas Renewable Energy securing financing for a project.
Tesla’s energy storage business continued to grow in Q1 2025 even as profits and vehicle sales fell, but faces greater exposure to trade tariff risks than its automotive segment.
Viridi Parente has acquired the former Moxion Power production facility in Richmond, California, US, and secured a US$9.3 million grant from the California Energy Commission (CEC).
The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.
The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.
Progress on BESS projects in Saudi Arabia and Chile totalling a combined 16GWh of energy storage capacity using Sungrow and BYD batteries has been revealed by the projects’ owners.