India’s energy storage industry is at a turning point as developers, financiers, and policymakers work to define viable business models for the next wave of large-scale battery projects. 

US utility Xcel Energy plans to build the Midwest’s largest battery energy system (BESS) facility at the Sherco Energy Hub in central Minnesota, US.

Australia’s Cheaper Home Batteries Program processes 8,000 applications per week, according to Carl Binning of the Clean Energy Regulator.

Thermal energy storage (TES) startup Rondo Energy has announced its second 100MWh project within a matter of weeks, at a brewery in Portugal.

Partnerships will determine whether India can emerge as a global hub for battery manufacturing and energy storage.

The Illinois General Assembly’s passing of a major energy bill, including a 3GW energy storage target, has been welcomed by environmental advocacy groups and trade associations.

From August 2026, energy storage projects in France will benefit from changes to grid tariffs designed to encourage them to support the grid at specific times of the day.

A “silver buckshot, not a silver bullet” has emerged as the rallying cry for Australia’s energy storage, said Paul Hunyor of Wollemi Capital.

On October 29, Sungrow released its Q3 2025 report. Judging from the latest performance, whether in terms of financial data or market capitalisation, Sungrow stands ’in a league of its own’.  

Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.