Trade body Energy Storage Europe has called for significant reforms to the European Union’s (EU’s) cybersecurity framework for battery energy storage systems (BESS).
Recently, US BESS companies Energy Vault and Goshe, SMT Energy and Climate Adaptive Infrastructure, and NeoVolta and SK On have made major deals and secured strategic partnerships.
Spain-headquartered Power Electronics has opened a new factory in Houston, Texas, as the US market increasingly looks to build domestic content supply chains.
ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.
Market research firm Wood Mackenzie stated that data centre buildout is uplifting the US battery energy storage system (BESS) outlook across all segments.