The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.

Envision Energy is preparing to reveal lithium-ion (Li-ion) battery energy storage system (BESS) technology for long-duration applications.

LS Electric will deploy a 20MW/90MWh battery storage system in Japan after it was awarded the contract through a competitive solicitation.

Tariffs announced on ‘Liberation Day’ have already caused battery storage project deals to fall through in the US, Energy-Storage.news has heard.

A total of 10.9GWh of grid-scale BESS entered commercial operations in March, up 29% year-on-year and 3% month-on-month. 

Electric utility and generation company Tata Power has received regulatory approval to deploy a centrally controlled battery storage system in Mumbai, India.

India’s first commercial regulated utility-scale battery storage project has gone into operation, and a new partnership claims it will establish local manufacturing in the country this year.

Donald Trump has announced his sweeping ‘Liberation Day’ global tariffs, with another new China tariff resulting in an effective doubling of the price of batteries and BESS imported from there to the US.

A 200MW/400MWh BESS project in China combining lithium-ion and sodium-ion batteries has been put into operation.

Charlotte Gisbourne, market analyst at PV Tech Research discusses trends and movements in the Q1 2025 edition of the EnergyStorageTech Bankability Ratings report.