Chinese solar PV inverter and energy storage provider Sungrow has announced two major developments: plans for a Hong Kong IPO and the release of its half-year 2025 interim report.
“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.
Governor of New Jersey, US, Phil Murphy, signed legislation into law to reach 2,000MW of energy storage capacity by 2030, and nearly doubling the state’s clean energy capacity.
After an initial rush to deploy that gave CAISO and ERCOT the lead in US BESS adoption, both markets are focused on capacity and availability, writes Amit Mathrani of Rabobank Americas.
Suriya Edwards and Deborah Harvey, partners specialising in battery energy storage at law firm Freeths LLP, analyse new EU battery regulations around suppliers’ responsibility for collecting, treating and recycling collected batteries.
“We’re expecting the results of the Capacity Investment Scheme (CIS) Tender 3 in the coming weeks,” Thimo Mueller, general manager, commercial at ASL, said in the opening keynote of the Battery Asset Management Summit Australia 2025 this morning.