Ayala’s ACEN Corp has loaned PHP9 billion (US$144 million) to subsidiaries within the group for renewable energy and battery storage projects.

We are pleased to announce that we’re now working on the 2027 edition of the Energy Storage Report, our annual publication looking at the big trends shaping the industry. 

PJM has proposed a major overhaul of how it procures power capacity in response to surging data centre demand that has driven auction prices up more than 1,000% in two years and threatens to add US$70 per month to average household electricity bills by 2028.

EDF Power Solutions has put a 150MW/600MWh BESS in Belgium into commercial operation while Engie has started building a 74MW/296MWh project. 

As the battery storage industry matures through competition and scale, a significant push for efficiency is coming, writes Dr Kai-Philipp Kairies, CEO and co-founder of ACCURE Battery Intelligence.

Aukera has closed a €460 million (US$534.23 million) structured credit facility to advance its project pipeline in five European markets.

EPC Renewables has signed an MoU with state-linked utility Energy Fiji Limited for the development of the Yaqara Solar & Battery Project.

Tech giant Google, Tesla, utility Pacific Gas and Electric (PG&E), and distributed energy resource (DER)-focused company Sunrun are launching a new virtual power plant (VPP) in California, US.

Blueleaf Energy and Universal Peak have closed financing for a 100MW/400MWh battery storage project, which was one of four winning bids in a Malaysian government tender.

Copper theft has become a recurring security issue at Australian battery storage sites, with one regulator reporting multiple incidents.