Charlotte Gisbourne, market analyst at PV Tech Research discusses trends and movements in the Q1 2025 edition of the EnergyStorageTech Bankability Ratings report.

NHPC India has launched a tender for solar-plus-storage, aiming to secure 1.2GW of solar PV capacity alongside 600MW/2,400MWh of storage.

State-owned utility and power generator Eesti Energia has completed and put into commercial operation the first large-scale BESS in Estonia.

Elgin Energy has seen a 330MW solar-plus-storage site featuring a 250MW/500MWh BESS fast-tracked by the Victoria government in Australia.

A total of 11.9GW of energy storage across all scales and technologies was installed in Europe in 2024, bringing cumulative installations to 89GW.

Finnish marine and power technology firm Wärtsilä has ended an 18-month long strategic review of its Energy Storage and Optimisation (ES&O) business, a process which could have led to the firm divesting it.

New South Wales could become the first Australian state to pass battery regulation under the Product Lifecycle Responsibility Act.

A double helping of big energy storage news items in Poland, with the government launching a capex support scheme for grid-supporting BESS and state-owned power producer PGE revealing its long-term deployment plans.

Suitable energy storage project sites are quickly being snapped up in Australia’s National Electricity Market (NEM), with a premium on grid location.  

BloombergNEF (BNEF) has found that utility-scale BESS uptake in Australia could increase eightfold to 18GW in 2035, up from 2.3GW in 2024.