In 2025, BESS installations surpassed 320GWh, a y-o-y increase of over 50%. While this tells one-side of the story, the growth in cell and system shipments tells an even more significant one, writes Benchmark’s Iola Hughes.
Three massive BESS projects have been launched in Europe: BW ESS has broken ground on a 1GW/5.7GWh system in Germany, while Greenvolt and Giga Storage have enlisted suppliers (BYD and Tesla) for 2.4GWh and 2.8GWh projects in Poland and Belgium.
The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.
Australian AI infrastructure developer Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.5GWh of battery storage by 2032.
EnBW and VPI have launched construction on large-scale BESS projects in Germany, while Elements Green and Eku Energy have agreed supply and acquisition deals respectively for separate 400MW/1,600MWh projects.
Axpo and e-Storage have partnered on a BESS in southern Italy, RES Group has signed a full-scope battery asset management agreement in Sweden, while R.Power has agreed to sell a Poland BESS project to Engie.
On 29 June, the China Energy Storage Alliance (CNESA) and the China Automotive Battery Industry Innovation Alliance jointly released the ‘Initiative on Standardising Supplier Payment Practices for Power and Stationary Storage Battery Enterprises.’
