Lenders are increasingly willing to back large-scale BESS projects in Germany that don’t have any contracted revenues, although that merchant risk is priced in to structures, an executive at Aquila Clean Energy EMEA said.
Large-scale BESS projects have been progressed in Italy, Romania, Germany, Poland, Denmark and elsewhere in Europe, totalling around 1GW under construction, 1GWh soon to be, and another 1GWh at earlier stages.
Chinese industrial automation and power technology firm Inovance Technology has filed its prospectus with the Hong Kong Stock Exchange, planning to raise around US$2 billion (RMB 13.7 billion) following strong growth in its energy storage business.
The “vast majority” of issues identified in Intertek CEA’s 2025 audits were system-level defects that could pose risks to projects if undetected and unresolved.
A total of 4.5GW/12.8GWh of large-scale BESS capacity when into operation around the world last month, with Asia and South America showing strong figures.
We catch up with Ingmar Wilhelm, co-founder and CEO of developer and IPP Galileo, after the firm commissioned its first own-operate renewable energy project.
Solar PV and wind are now the cheapest sources of power, with co-located hybrids increasingly delivering round-the-clock electricity at fossil fuel-competitive costs in high-resource regions, according to a new report by IRENA.
BayWa r.e. will manage and maintain Germany’s largest operational BESS when it comes online later this year, while Terra One has started building a smaller project in the same state.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
