IPP Lydian Energy has secured US$689 million in financing for two solar projects and a battery energy storage system (BESS) project in New Mexico, Texas, and Utah, US.

The US Treasury’s interim FEOC guidance has outlined “Material Assistance” provisions, which rely heavily on existing safe harbour calculations.

The first monthly global grid-scale BESS deployment figures for 2026 are in from Rho Motion, showing a year-on-year fall and China continuing to account for the majority of activity.

Another roundup of European BESS news, but this time around portfolios, partnerships, investments, financing, optimisation and tolling in France, Spain, Belgium, Denmark, Finland and Romania. Notable highlights are Grenergy’s 10-year BESS toll in Spain and Ingrid Capacity entering the French market.

Contact Energy plans to raise NZ$525 million (US$316 million) in equity funding to fast-track its Contact31+ strategy for its renewable energy and storage pipeline in New Zealand.

Quinbrook Infrastructure Partners has commenced commercial operations for the 619MWh Stage One of its Supernode battery energy storage system (BESS) project, located at the South Pine substation in Queensland, Australia.

Australia’s Clean Energy Council has said that 2025 saw as many battery energy storage systems commissioned as in the last 8 years combined.

Residential energy storage startup Base Power and utility El Paso Electric Company (EPE) have announced a new residential distributed energy resource (DER) pilot programme in Texas, US.

A busy week of large-scale BESS projects news from the Eastern side of Europe, with projects reaching commissioning, final investment decision, technology procurement and acquisition, led by KNESS’ 2GWh partnership with Hithium in Ukraine.

The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe.