US storage and solar developer-operator Lightshift Energy, along with KeyBanc Capital Markets, have closed a US$75 million credit facility.

European Association for Storage of Energy (EASE), which represents 70 member organisations across the industry value chain, has undergone a rebrand.

Utility-scale developer SB Energy has received a US$25 million grant from the California Energy Commission (CEC) to purchase BESS units for one of its solar and storage hybrid complexes located in Riverside County, California. 

Fluence has announced a solar-plus-storage project in Arizona, while Greenflash Infrastructure adds to its Texas BESS portfolio.

During the opening address of Energy Storage Summit Latin America 2025, in Santiago, Chile, the Chilean Minister of Energy Diego Pardow Lorenzo said the country was most likely set to surpass its 2050 targets in 2027.

Octopus Australia has acquired the Coleambally battery energy storage system (BESS), a 100MW/400MWh standalone project in development located in southern New South Wales.

Spanish utility Iberdrola has acquired the 270MW/1,080MWh Tungkillo battery energy storage system (BESS) in South Australia from RES Group.

Energy storage developers are securing significant capital and strategic partnerships, with ESS Inc launching a 50MWh iron flow battery pilot, Energy Vault closing a US$300 million investment, and NineDot obtaining US$175 million in debt financing.

The value of developers and optimisers in the BESS lifecycle, thinking about long-term risk and KPIs for maximising the asset have been key themes at the Battery Asset Management Summit UK & Ireland 2025.

The US administration has a clear distaste for climate issues, but economics and data centres can still drive a clean energy transition.