A total of 11.9GW of energy storage across all scales and technologies was installed in Europe in 2024, bringing cumulative installations to 89GW.

We hear from XL Batteries and Quino Energy, ‘organic’ chemistry flow battery technology companies, about how they plan to scale up and reduce costs to compete with lithium-ion. 

Regulators earlier this month approved a scheme to support grid-scale energy storage facilities, aligned with New York’s 6GW by 2030 policy target.

Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).

Finnish marine and power technology firm Wärtsilä has ended an 18-month long strategic review of its Energy Storage and Optimisation (ES&O) business, a process which could have led to the firm divesting it.

Sumitomo Electric has followed up the US launch of its newest vanadium redox flow battery (VRFB) technology, announcing a deal in Japan.

New South Wales could become the first Australian state to pass battery regulation under the Product Lifecycle Responsibility Act.

A double helping of big energy storage news items in Poland, with the government launching a capex support scheme for grid-supporting BESS and state-owned power producer PGE revealing its long-term deployment plans.

Suitable energy storage project sites are quickly being snapped up in Australia’s National Electricity Market (NEM), with a premium on grid location.  

BloombergNEF (BNEF) has found that utility-scale BESS uptake in Australia could increase eightfold to 18GW in 2035, up from 2.3GW in 2024.