Shenzhen PowerOak New Energy Co., Ltd. (PowerOak), the fourth key player in the global portable energy storage sector, has submitted its IPO application to the Hong Kong Stock Exchange.
ACME Solar has commissioned just over 480MWh of battery storage in Rajasthan, India, following the recent signing of several storage-backed renewable energy deals.
The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month’s Energy Storage Summit 2026 shared their views on the topic.
Western system integrators face a continual ‘squeeze’ in where they add value in BESS and may struggle to keep up with the speed of technology innovation from China, Rept’s Andy Tang said in a video interview with Energy-Storage.news recently.
Global long-duration energy storage (LDES) deployment figures soared in 2025, but newer technologies risk being outcompeted by the incumbent, lithium-ion (Li-ion).