Tesla’s energy storage business deployed 13.7GWh in Q3 2026, its second-highest quarterly figure to date, but saw a 16% year-on-year decline in revenues for the division.
The global energy storage market will see a decade of sustained, rapid growth and reach 3.1TW cumulative capacity by 2036, according to BloombergNEF (BNEF).
As demand for battery storage soars, the European Union (EU) has tried to grow its local battery supply chain with mixed success so far, writes PV ESS analyst Charlotte Gisbourne.
South Korean battery giant LG Energy Solution (LG ES) has signed a non-binding memorandum of understanding (MOU) with owner-operator Energix-Renewable Energies to expand collaboration on energy storage projects in Europe and the US.
BESS developer Kyon Energy has commissioned and put into operation its 137.5MW/282MWh Alfeld BESS project in Germany, potentially the country’s largest to reach that milestone.
India’s storage market is expanding, but project delivery depends on predictable procurement, domestic manufacturing and revenue models that support investment.
India has 5.3GWh of operational battery energy storage system (BESS) capacity, with a further 185GWh of projects under development, according to Prashant Bhamu, deputy director of integrated resources planning at the Central Electricity Authority (CEA), part of the Ministry of Power.
IPP Greenvolt has agreed to sell two BESS in Poland to A&R, PGE Group has started building an 800MWh one, while SC Holding, Tauron and Tavion have launched projects into the country.
As BESS projects grow more complex, so does the question of what ‘purpose’ even means in a construction contract, writes contracts lawyer Suriya Ashok of Clyde & Co.
