Australia’s Clean Energy Finance Corporation (CEFC) has announced its largest-ever investment commitment, with AU$3.8 billion (US$2.5 billion) allocated to support the Marinus Link interconnector connecting the states of Tasmania and Victoria.

East Point Energy has been dealt a blow in its pursuit to construct a 150MW/600MWh BESS in Maryland.

Bahraini, Chinese, Egyptian and Emirati groups have agreed to develop a new manufacturing facility in Egypt.

Renewable energy solutions provider Sunsure Energy claims to have signed India’s first-ever fixed tariff battery storage offtake contract.

The Australian government has opened two CIS tenders in Western Australia, targeting 2.4GWh of energy storage and 1.6GW of renewables.

Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, has secured the first environmental approval for a grid-scale battery energy storage system (BESS) under South Australia’s new Hydrogen and Renewable Energy (HRE) Act.

European Commission funding is supporting a project to integrate battery storage at a pumped hydro energy storage (PHES) plant in Slovakia.

Following in the footsteps of several other US jurisdictions this year, officials at California’s Orange County are one step closer to amending zoning laws to allow the development of BESS. 

An EU-backed energy storage capex support scheme in Lithuania will support as much as 4,000MWh of battery storage, the Ministry of Energy has said.

“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.