Second life BESS firm Evyon has merged with EV charging infrastructure provider Elywhere, in a partnership centred around the battery technology core to both Norway-based businesses.
NYSERDA has launched a programme to incentivise residential and retail energy storage in the state, offering a total of US$775 million for energy storage projects.
The commercial and industrial (C&I) energy storage market is experiencing rapid growth as industries worldwide focus on decarbonisation and energy efficiency.
Tesla’s energy storage business continued to grow in Q1 2025 even as profits and vehicle sales fell, but faces greater exposure to trade tariff risks than its automotive segment.