Tesla’s energy storage business continued to grow in Q1 2025 even as profits and vehicle sales fell, but faces greater exposure to trade tariff risks than its automotive segment.
A panel of owner-operators, optimisers and developers discussed the evolving dynamics of the ERCOT, Texas market at last month’s Energy Storage Summit USA 2025 in Dallas.
Viridi Parente has acquired the former Moxion Power production facility in Richmond, California, US, and secured a US$9.3 million grant from the California Energy Commission (CEC).
The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.
The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.
Energy storage owner-operator BW ESS and Zelos Energy Developments have announced a 1.5GW pipeline of BESS projects in Germany, aiming for ready-to-build (RTB) status over the next two years.
Clean energy trade body American Clean Power Association (ACP) has released a report on energy storage market reforms for regional grid operators based on findings from the Brattle Group.
Battery storage developer and operator Spearmint Energy has secured US$250 million for two battery energy storage system (BESS) projects located in Texas, US, totalling 400MWh.
