Three energy storage projects have reached key milestones, including pumped hydro, thermal storage, and geothermal alternatives to battery energy storage systems (BESS).

Lenders requirements for contracted revenues for BESS projects in the UK appears to have softened, an executive at investment firm Triple Point said.

More BESS news from across Europe, with ContourGlobal and Alpiq striking sizeable deals in Greece and France, Iberdrola putting projects into operation in Spain, and other project news in Germany, Poland, Denmark and Southeast Europe.

Germany’s four transmission system operators (TSOs) have begun procuring inertia services to help stabilise the electric grid as shares of renewable energy grow.

The global energy storage market is poised for continued expansion in 2026, even as supply chain constraints, regulatory evolution, and emerging applications reshape the landscape, according to Wood Mackenzie. 

A subsidiary of Juniper Green Energy has fully brought into commercial operation what the company claimed is India’s first merchant BESS project.

Fortescue’s battery intelligence platform has acquired analytics provider Zitara, and Drax has agreed to acquire optimiser Flexitricity.

Palmer Renewable Energy has submitted a referral under the EPBC Act for a 200MW solar-plus-storage project near Collie, Western Australia.

Australian mining giant Fortescue has claimed to have secured large-scale battery storage at pricing levels not previously seen in Australia, according to CEO Dino Otranto.

Foreign entity of concern (FEOC) restrictions and the scheduled Section 301 tariff increase to 25% on Chinese-origin battery energy storage systems (BESS) went into effect on 1 January 2026.