US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.

How much long-duration energy storage (LDES) does the UK system need, is the government’s cap-and-floor the right way to procure it, and what does the long-term picture look like?

China exported 84.1GWh of batteries in the first quarter of 2025, of which around one-third was for stationary storage.

Around 74% of battery storage projects in Australia’s NEM pipeline are confirmed to be equipped with grid-forming inverters, says AEMO.

Power firm RWE has partnered with distributed battery storage firm Polarium for a battery-based virtual power plant (VPP) in Germany.

Two US battery recycling companies, Redwood Materials, and Ascend Elements, are in less than optimal situations, with Redwood laying off 135 employees, and Ascend filing for Chapter 11 bankruptcy.

Tesla’s quarterly energy storage deployments fell 15% while revenues for its energy division dropped 12% year-over-year from Q1 2025 to Q1 2026.

Developer-operator Green Capital and EPC firm Electrum Holding have signed an agreement to build an 80MW/320MWh BESS in Poland, under a full ‘wrap’ model.

Measures to limit EU exposure to fossil fuel supply chain and energy price shocks are welcome, but many questions remain, clean energy associations have said.

How should developers and investors think about long-term BESS revenues in light of eventual market saturation?