This year has seen a shift in the financing environment for merchant BESS projects in Germany for the worse.

The German regulator BNetzA’s latest draft decision on grid fees from 4 August 2029 onwards still leaves uncertainty for energy storage project business cases.

There is an opportunity for locally designed and manufactured BESS solutions in Europe, with the possibility of future EU controls of Chinese imports, former head of BESS products at Northvolt said. 

Market conditions look favourable, but some developers are finding it difficult to prove their revenue projections will hold up.

Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.

Home energy management company Plentify will put over 160,000 connected home battery storage systems in South Africa into a virtual power plant (VPP).

Energy-Storage.news Premium speaks with Mike Nagus, CEO of LiNova Energy, about the company’s recently launched “metal-free polymer cathode” battery.

The Public Safety and Homeland Security Bureau (PSHSB) of the US Federal Communications Commission (FCC) has classified foreign-produced power inverters and “advanced robotic devices” as national security threats.

Samsung SDI is on track to begin production of lithium iron phosphate (LFP) battery cells in the US in the third quarter of this year.

The State Council of China recently released the 15th Five-Year Carbon Peaking Action Plan, outlining a roadmap for carbon peaking through the Action Plan period.