Donald Trump has threatened to impose additional 10% tariffs on all goods from China once he takes office, which would compound existing tariffs the BESS industry already has to deal with.

Chinese EV giant BYD has launched what an executive claimed is the ‘world’s first high-performance’ sodium-ion BESS product, using its proprietary form factor Long Blade Battery cell.

Fluence has ‘met or exceeded’ its financial guidance metrics for its 2024 fiscal year and expects to see ‘significant growth’ in its FY2025.

Callum McGuinn, partner at European intellectual property (IP) firm Mewburn Ellis, rounds up the major advancements in battery cell technology that BESS industry sources should be aware of.

State-owned energy company Synergy has completed construction of its 200MW/800MWh Kwinana battery BESS in Western Australia.

Multinational utility and IPP Engie, has penned a virtual battery offtake agreement with developer Neoen for a portion of its Victorian Big Battery.

IPP Clearway Energy Group has signed a Energy Storage Exclusivity Agreement (ESEA) with California CCA utility Central Coast Community Energy (3CE) for a 750MW/3,000MWh standalone BESS located in Monterey County, California. 

The Asian Development Bank (ADB) multilateral finance institution has approved a loan to upgrade Sri Lanka’s grid infrastructure.

A flurry of major grid-scale BESS news in Finland, the Netherlands, Germany and France about projects which could all be described as the largest in those countries.

We hear from S&P Global Commodity Insights analysts and a former Fluence executive about the major trends shaping the competitive landscape of system integrators in the BESS industry.