Update 28 April 2026: Following publication of this story, Hydrostor reached out to clarify some of the conditions detailed below and provided a statement.
Saudi Arabia’s state-owned Saudi Power Procurement Company has started the qualification process for its second large-scale build-own-operate BESS tender.
Developer-operator Plus Power and utility Tennessee Valley Authority (TVA) announced a 20-year energy storage agreement (ESA) for the 200MW/800MWh Crawfish Creek battery energy storage system (BESS) in Alabama, US.
The rapid digitisation of energy infrastructure represents a big challenge, says Michael Hudson, cybersecurity strategy director at Sungrow North America.
US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.
Two US battery recycling companies, Redwood Materials, and Ascend Elements, are in less than optimal situations, with Redwood laying off 135 employees, and Ascend filing for Chapter 11 bankruptcy.