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.
A few weeks ago, a battery recycling deal was announced for a 640MWh BESS project in Australia, but the project isn’t even built yet and the cells have 25-year warranties – we caught up with the company recycling the batteries to hear more.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
Energy storage system integrator HyperStrong has concluded an IPO to list its shares on the Shanghai Stock Exchange’s STAR Market for science and technology innovation companies.
Africa’s energy storage market has seen a boom since 2017, having risen from 31MWh to 1,600MWh in 2024, according to trade body AFSIA Solar’s latest report.
Energy storage deployments globally increased by over half in 2024, with the grid-scale segment the driver of this, market intelligence firm Rho Motion’s head of research writes in this contributed article.
A roundup of energy storage news from across the continent of Africa, with Morocco’s ONEE shortlisting bidders for a pumped hydro project, Somalia launching a grid-scale solar and storage tender, and a microgrid pairing grid-scale solar, BESS and diesel at a mine in Zambia.