Market conditions look favourable, but some developers are finding it difficult to prove their revenue projections will hold up.

Manufacturing delays have led Fluence to adjust its fiscal year 2026 guidance, even as the company has logged record quarterly orders and a US$6.4 billion backlog.

Australian Vanadium Limited has signed an MoU with Alcoa to evaluate the deployment of vanadium flow battery technology in Western Australia.

Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.

Elestor claims its hydrogen-iron flow battery delivers 75%+ round-trip efficiency, a 20-25 year lifespan, and 15€/kWh capex for long-duration storage. 

Independent power producer (IPP) ContourGlobal has begun construction of its fourth large-scale solar PV and battery storage hybrid project in Chile.

Flow battery company Invinity Energy Systems has sold 43MWh of battery systems to utility Dairyland Power Cooperative for deployment across long duration energy storage (LDES) projects in the US Midwest.

Japanese utility Tokyo Gas has entered into a long-term offtake agreement for a 49.7MW/202.1MWh battery storage project in Fukushima Prefecture.

AMPYR Australia has received a 5.3.4 letter from AEMO for the 270MW Northern Battery near Port Augusta in South Australia.

The largest grid-scale battery energy storage system (BESS) project in the Czech Republic has gone online, supplied by a company invested in by lithium-ion OEM CATL.