Faced with unprecedented growth in demand, Singapore’s Energy Market Authority has launched plan that includes a gigawatt-hour energy storage target.
Tesla’s energy storage business deployed 13.7GWh in Q3 2026, its second-highest quarterly figure to date, but saw a 16% year-on-year decline in revenues for the division.
The global energy storage market will see a decade of sustained, rapid growth and reach 3.1TW cumulative capacity by 2036, according to BloombergNEF (BNEF).
In recent North American sodium-ion news, Hithium is entering the Canadian market with two BESS solutions, while Peak Energy has closed a Series B financing round led by GM.
As demand for battery storage soars, the European Union (EU) has tried to grow its local battery supply chain with mixed success so far, writes PV ESS analyst Charlotte Gisbourne.
BESS investments in the French market are moving to longer durations with saturation expected to hit the secondary reserve market, currently the main way operational projects make their money.