A news roundup focusing on Q1 financial results from Eos and Ormat with news of a rebrand from Hecate Grid, now Fullmark Energy.

Sacramento Municipal Utility District (SMUD) has finalised terms of a PPA with developer D. E. Shaw Renewable Investments (DESRI).

The US and China have announced a 90 day ‘pause’ on their huge reciprocal tariffs while they continue negotiations, with the effective tariff on BESS more than halving to around 60%.

US grid-scale energy storage solutions provider Energy Vault claimed its diversification into new geographies and business models “shielded” its backlog from tariff risk.

More product announcement news from last week’s ees Europe trade show and expo in Munich, Germany, with Sunwoda, Hithium, Rept, Canadian Solar, Sungrow and Aeson Power revealing new BESS solutions.

Intensifying competition and unpredictable market conditions in the BESS sector increase the need for robust forecasting and optimisation strategies.

Uncertainty over trade tariffs has caused Fluence to lower its revenue and EBITDA guidance, although CEO Julian Nebreda said the company is “optimistic about the future of energy storage.”

The Q2 2025 edition of our downstream solar PV journal, PV Tech Power, is now available to download for subscribers of ESN Premium.

Regional electric utility companies in Japan are playing key roles in the delivery of battery energy storage system (BESS) resources.

AEMO Services has launched the latest tender for long-duration energy storage (LDES) in New South Wales, seeking 1GW of energy storage.