Shenzhen PowerOak New Energy Co., Ltd. (PowerOak), the fourth key player in the global portable energy storage sector, has submitted its IPO application to the Hong Kong Stock Exchange.
New Zealand’s fragmented electricity market structure is creating both opportunities and obstacles for industrial battery storage, as demonstrated by CentrePort Wellington’s upcoming deployment.
The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month’s Energy Storage Summit 2026 shared their views on the topic.
Terna, the transmission system operator (TSO) of Italy, has approved the grid connection for a 500MW/3GWh BESS project. Meanwhile several smaller projects have progressed across the rest of Europe.