BlackRock-backed Akaysha Energy has secured AU$460 million (US$299 million) in construction financing for its 311MW/1,244MWh Elaine battery energy storage system (BESS) in Victoria, Australia.

India’s energy storage industry is at a turning point as developers, financiers, and policymakers work to define viable business models for the next wave of large-scale battery projects. 

US utility Xcel Energy plans to build the Midwest’s largest battery energy system (BESS) facility at the Sherco Energy Hub in central Minnesota, US.

Utility Osaka Gas and developer Sonnedix are installing what is claimed to be the largest battery storage facility co-located with renewable energy generation in Japan so far.

UK power generator Drax is set to acquire three BESS projects from York-based developer Apatura, with a combined capacity of 260MW.

A double header of Baltic BESS news, with financing secured for two large-scale BESS projects in Estonia and Lithuania’s capex support scheme oversubscribed by 2x.

Thermal energy storage (TES) startup Rondo Energy has announced its second 100MWh project within a matter of weeks, at a brewery in Portugal.

Samsung SDI is ramping up its manufacturing of energy storage batteries in the US to 30GWh by the end of 2026, while EV demand remains sluggish.

Marie Cullen, head of procurement at Fluence Australia, explains how social licensing could become a key component for the future of energy storage developments.

From August 2026, energy storage projects in France will benefit from changes to grid tariffs designed to encourage them to support the grid at specific times of the day.