China-headquartered energy storage firm Gotion and US power electronics manufacturer Richardson Electronics have partnered to manufacture BESS. It comes at a time when Chinese companies are starting to sell down stakes in US assets amid new FEOC rules.
Developer Akaysha Energy has received federal environmental clearance for its 400MW/1,600MWh Glenrowan battery energy storage system (BESS) in Victoria, with the project deemed “not a controlled action” under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
Australia has clawed back AU$1.3 billion (US$940 million) in uncommitted clean energy manufacturing funding, with the Solar Sunshot Program and Battery Breakthrough Initiative among the programmes hit by budget cuts announced this week.
The power generation arm of Manila Electric Company (Meralco), the Philippines’ largest private electricity distributor, has completed a grid-scale battery storage project.
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
Leading European BESS owner-operators discuss the roles of subsidy schemes, contract revenues and merchant approaches in helping the continent build out its BESS pipeline.
Australia has installed 380,712 home battery storage systems, representing 10.7GWh of storage capacity, since the introduction of the Cheaper Home Batteries Program last year, Chris Bowen, Australia’s minister for climate change and energy, has disclosed.
