Battery energy storage systems (BESS) have emerged as the defining feature of Australia’s Capacity Investment Scheme (CIS) Tender 7, with 2GW/7.9GWh of co-located energy storage successful.
Australia has emerged as the world’s third-largest utility-scale battery energy storage market, with 4.3GW of large-scale battery storage systems reaching financial close in 2025.
The transition to new energy technologies, including grid-scale and vehicle batteries, can help fossil-fuel-dependent countries improve their energy security.
US-headquartered clean energy solutions provider Ameresco’s joint venture (JV) with power producer Atura Power, has begun commercial operations at a 250MW/1,000MWh energy storage project in Ontario, Canada.
The US installed 9.7GWh of new battery energy storage system (BESS) capacity, according to the US trade association group, the Solar Energy Industries Association (SEIA).
Battery storage developer and operator Spearmint Energy has closed a US$450 million financing to support its 300MW/600MWh Red Egret battery energy storage system (BESS) project.
Long-duration energy storage (LDES) development and investment company Frontier Power USA (FPUSA) has acquired a 480MWh battery energy storage system (BESS) portfolio from developer-operator Bimergen Energy.
At a recent industry event hosted by market research firm Wood Mackenzie, energy storage experts discussed their approaches to public engagement, especially around addressing fire and other safety concerns.
