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.

Developer Lightsource bp has commenced construction on a 49MW/562MWh BESS co-located at the 585MWdc Goulburn River solar plant in Australia.

The US National Fire Protection Association (NFPA) has launched the newest edition of its cornerstone battery storage safety standard, NFPA 855.

Investor-owned utility (IOU) Entergy is seeking regulatory approval from the Arkansas Public Service Commission (PSC) to construct what could become the largest BESS in the southern US State. It will support a data centre from Google.

Europe-based BESS optimisation and flexibility providers Sympower and Suena have completed Series B1 and A fundraisings respectively.

Chinese PV module manufacturer Trina Solar has received the green light from the Victoria government in Australia to build a 500MW/1,000MWh battery energy storage system (BESS).

Residential and C&I energy storage provider Turbo Energy has secured a major order from an unnamed industrial group in the construction industry in Spain.

Chinese energy storage companies active in the US face an uncertain future as federal policies encourage moves to reduce their supply chain involvement.

Ignitis Group and Olana Energy have progressed BESS projects in Lithuania closer to construction, with the order of equipment and final investment decision (FID) taken, respectively.

President of the Philippines, Ferdinand Marcos Jr., was in attendance as the country’s first ‘baseload’ power plant to combine solar PV and battery storage officially went into action.