Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.
Propwr, a division of ProPetro, has secured a long-term power supply contract to commit 60MW of energy to support a hyperscaler data centre operator in the Midwest region of the US.
IPPs Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia, while Olana and Energix have enlisted optimisers for BESS projects in Lithuania and Poland, respectively.
German solar inverter manufacturer SMA has officially launched its system integrator subsidiary in Australia, with work underway on two battery storage projects.
Daiwa Energy & Infrastructure (DEI), an asset manager backed by investment bank Daiwa Securities, has invested in a large-scale battery storage project in northern Japan.
“The energy transition is not a pipe dream. It’s here and it’s happening right now,” declared Jackie Trad, the newly appointed CEO of the Clean Energy Council, at the start of All-Energy Australia 2025 in Melbourne this morning (29 October).
Tesla reported record energy storage deployments and business segment profits in Q3 2025, just ahead of a shareholder vote on CEO Elon Musk’s historic remuneration package.
