Paul Peters, CEO of the New South Wales Energy Security Corporation (ESC) discusses the investment mandate of the newly launched green bank.

The government of Portugal has announced plans to invest €400 million (US$466 million) to improve its grid management capabilities and increase its battery energy storage system (BESS) capacity.

As the BESS industry matures, the trend towards a closening relationship between OEMs and project owners looks set to continue, but system integrators will continue to have a role to play.

Tesla energy storage division saw its highest quarterly gross profits as the company’s automotive business continued to see dampened demand.

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.

The US Department of Commerce has provisionally decided to impose anti-dumping (AD) tariffs on active anode material (AAM) product imports from China of 93.5%, bringing the total tariff on them to 160%.

Chinese lithium-ion OEM Gotion High-Tech has launched manufacturing of its 5MWh BESS units at its manufacturing facility in Göttingen, Germany.

As we move through this decisive decade for clean energy, Asia’s energy storage market is stepping firmly onto the global stage.

Hungarian distribution system operator (DSO) Opus Titasz has commissioned and put into operation four BESS projects.