Energy storage developer NineDot Energy closes US$431 million in construction financing for New York BESS projects. Meanwhile, US energy efficiency and renewables company Ameresco completes multiple tax credit transfer and financing transactions for solar PV and BESS.
Carrie Xiao examines some notable recent partnerships and supply agreements for Chinese energy storage players in the Middle East, Europe, Africa and Australia.
Home battery storage and virtual power plant (VPP) specialist Lunar Energy has raised US$102 million in an oversubscribed Series D financing round led by B Capital and Prelude Ventures.
A framework for the “development, utilisation and commercialisation of energy storage systems” in the Philippines has been passed by the House of Representatives.
Three Chinese energy storage companies have recently successively filed or updated their listing applications with the Hong Kong Stock Exchange (HKEX), planning IPOs on the Hong Kong Main Board.
LG Energy Solution will keep global battery cell production at around 300GWh in 2026, while increasing its proportion of supply for energy storage system (ESS) applications.
Tesla reported company-high energy storage deployments and revenue growth in 2025 but expects “low-cost competition” and policy factors to affect margins this year.
By the end of December 2025, China’s cumulative installed capacity of new energy storage technologies including lithium-ion reached 144.7GW, representing an 85% year-on-year rise.
