Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.
LG Energy Solution (LG ES) will nearly double the production capacity of battery cells for energy storage systems (ESS) at its Michigan, US, factory by the end of 2026.
Renalfa IPP has secured a €315 million (US$367 million) financing package from an EBRD-led consortium to support a 1.6GW renewables, 3.3GWh BESS rollout in Bulgaria, Hungary, Romania, and North Macedonia.
Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has announced plans to build a 1,449MWh 8-hour duration BESS.
Greater deployment of renewable energy and battery storage in Illinois would help mitigate soaring costs of capacity market auctions in PJM Interconnection territory.
CEA has recently released two battery energy storage system (BESS) reports for Q2 2025, the Energy Storage System Price Forecasting Report and the ESS Supply, Technology, and Policy Report.
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
