BYD has presented its latest grid-scale BESS product, pushing energy density even further to its limits, while Eve and Sunwoda have progressed commercialisation of high capacity battery cells.
Victoria, Australia, has seen just under 5GWh of battery energy storage systems (BESS) granted approval for development by the state and federal governments.
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.