Saudi Arabia’s state-owned Saudi Power Procurement Company has started the qualification process for its second large-scale build-own-operate BESS tender.

Developer-operator Plus Power and utility Tennessee Valley Authority (TVA) announced a 20-year energy storage agreement (ESA) for the 200MW/800MWh Crawfish Creek battery energy storage system (BESS) in Alabama, US.

US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.

How much long-duration energy storage (LDES) does the UK system need, is the government’s cap-and-floor the right way to procure it, and what does the long-term picture look like?

Two US battery recycling companies, Redwood Materials, and Ascend Elements, are in less than optimal situations, with Redwood laying off 135 employees, and Ascend filing for Chapter 11 bankruptcy.

Tesla’s quarterly energy storage deployments fell 15% while revenues for its energy division dropped 12% year-over-year from Q1 2025 to Q1 2026.

Developer-operator Green Capital and EPC firm Electrum Holding have signed an agreement to build an 80MW/320MWh BESS in Poland, under a full ‘wrap’ model.

How should developers and investors think about long-term BESS revenues in light of eventual market saturation?

Bobwhite Energy Storage, an affiliate of independent power producer (IPP) Tenaska has signed a long-term energy storage agreement (ESA) with utility Tennessee Valley Authority (TVA) for a 225MW/900MWh project in East Tennessee, US.

Power firm EnBW is building a 100MWh BESS in Germany for completion this year (a year later than planned) while BESS platform Noveria Energy has signed a construction agreement with TSO TenneT for a 1GWh project for 2028 operations.