“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.

BESS developer Pacific Green Technologies has secured a AU$77 million (US$49.9 million) debt facility for projects in Australia.

“We’re expecting the results of the Capacity Investment Scheme (CIS) Tender 3 in the coming weeks,” Thimo Mueller, general manager, commercial at ASL, said in the opening keynote of the Battery Asset Management Summit Australia 2025 this morning.

Independent power producer (IPP) Fullmark Energy has announced the commercial operation of its 20MW/40MWh Ortega energy storage project in Lake Elsinore, California, US.

 Independent power producer (IPP) NextEra Energy Resources (NEER) has received approval from the Utah Inland Port Authority (UIPA) for its 200MW battery energy storage system (BESS) in Salt Lake City, Utah, US.

Public Service Company of New Mexico (PNM) has laid the groundwork for a new 120MWh distribution-connected portfolio of battery energy storage system (BESS) projects.

Several new community batteries have been launched in Victoria and Queensland, Australia, to soak up distributed solar PV.

The Australian Energy Market Operator (AEMO) has found battery energy storage systems (BESS) are the most reliable clean energy technology in the National Electricity Market (NEM).