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.
US renewable energy company Ormat Technologies has won a tender for two separate 15-year tolling agreements for two energy storage facilities with a combined capacity of 300MW/1,200MWh.
EV and BESS firm BYD has agreed a major order from the Saudi Electricity Company, the state utility and transmission & distribution (T&D) system operator of Saudi Arabia.
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.