Spanish independent power producer (IPP) Grenergy has planned to invest €3.5 billion (US$3.9 billion) to increase its energy storage and hybrid portfolio by 2027.

Energy tax credits “drive innovation, strengthen our economy, and create real opportunity,” according to US Republican Senator John Curtis.

Ingrid Capacity and SEB have broken ground on a large-scale BESS in Finland, while Monsson has acquired a project in Sweden which it will start building in June.

The Clean Energy Council (CEC) have deemed Q1 2025 the second-best quarter on record for large-scale BESS investment in Australia.

Ampyr Australia and Copenhagen Infrastructure Partners are seeking buyers for 960MWh and 1,000MWh BESS projects in Australia.

The US state of Massachusetts has taken steps to further its goal of procuring 5,000MW of energy storage by 2030.

A c.500MWh BESS project in Bulgaria has been inaugurated, claimed as the largest in the European Union (EU).

Even during times of turmoil for the US renewable energy industry, IPPs are continuing to secure long-term offtake agreements in California.

Utility and power generation firm RWE will trade 50MW/100MWh of BESS capacity in Germany from the virtual aggregation platform of startup Terralayr under a five-year agreement.

Sungrow and Globeleq are negotiating a deal to supply equipment for a 612MWh government tender-winning battery storage project in South Africa.