Trump’s dampening effect on US investor sentiment could lead to a flight to quality while tariffs will cause a surge in orders this year, writes Tao Kong, managing partner of developer Luminous Energy.

Squadron Energy is seeking approval from the Australian government’s EPBC Act to develop a 1,000MWh BESS in New South Wales.

This year will see a shift in focus in the US market beyond the two leading states of California (CAISO) and Texas (ERCOT), BESS owner-operator Zenobē says.

According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.

California governor Gavin Newsom has taken steps to accelerate the 300MW Cornucopia Hybrid Project in Fresno County, California, US.

Zelestra has signed a Firm & Dispatchable Renewable Energy (FDRE) contract in India with public sector corporation SJVN.

Trump’s budget reconciliation bill looks like it could take aim at the current tax credits for downstream clean energy projects, and Clean Energy Associates’ base case is that they will be phased out by the end of the year.

Some 2.5GW of BESS projects in the UK have won contracts across the T-1 and T-4 capacity markets (CM), announced in a week which also saw project financings worth a combined c.£1 billion, including from Zenobē, Constantine and Quinbrook.

NSW’s BESS pipeline, PHES in Tasmania and the ‘home of utility-scale storage’ were discussed at the Energy Storage Summit Australia 2025.

2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender.