Charlotte Gisbourne, market analyst at PV Tech Research discusses trends and movements in the Q1 2025 edition of the EnergyStorageTech Bankability Ratings report.
February 2025 saw around 4.5GW/10.5GWh of grid-scale BESS deployments globally, with China continuing to account for the majority but Europe increasing its share from January.
The capabilities of lithium-ion battery storage in providing long-duration energy storage to global energy systems should not be overlooked, write Kotub Uddin and Sam Secher of Envision.
US renewable energy company Ormat Technologies has won a tender for two separate 15-year tolling agreements for two energy storage facilities with a combined capacity of 300MW/1,200MWh.
Fire safety should always be the BESS industry’s top priority and there are effective steps to achieve it, writes Angus Moodie, engineering manager at consultancy Enertis Applus+.