Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.
ESN Premium speaks to Matt Harper, president of flow battery company Invinity Energy Systems, about pursuing a competitive advantage in an emerging space.
Tesla has issued a product recall on its Powerwall 2 residential battery storage solution across Australia due to a “battery cell defect” from a third-party supplier.
Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to advance development activities for its 200MW/1,600MWh Silver City Energy Storage Centre project in Broken Hill, New South Wales, Australia.
China has published a national plan to promote large-scale energy storage facilities, encouraging investment and broader participation in the electricity market.
Chinese PV module manufacturer Trina Solar has received the green light from the Victoria government in Australia to build a 500MW/1,000MWh battery energy storage system (BESS).
Australia’s Capacity Investment Scheme (CIS) has awarded 4.13GW/15.37GWh of battery storage capacity in its third tender round, exceeding initial targets and attracting 135GWh of bids.
Chinese energy storage companies active in the US face an uncertain future as federal policies encourage moves to reduce their supply chain involvement.
