We caught up with the president of system integrator PotisEdge following news of its acquisition by Longi, which marks the Chinese solar PV giant’s move into the energy storage industry.

Developer-operator GridStor’s 220MW/440MWh Hidden Lakes Reliability battery energy storage system (BESS) project in Texas, US, is now operational.

Energy Vault has acquired a 150MW battery energy storage system (BESS) in Texas. Meanwhile, Jupiter Power has entered an agreement with Austin Energy to provide 100MW of electricity from a BESS facility.

Spanish utility Iberdrola has acquired the 270MW/1,080MWh Tungkillo battery energy storage system (BESS) in South Australia from RES Group.

Three US battery energy storage system (BESS) developers, GridStor, Flatiron, and Jupiter Power, have advanced BESS projects totalling 1.6GWh across Arizona, Massachusetts, and Michigan.

Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of energy storage and renewables projects to its portfolio.

“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.

Two North American companies, Powin and Li-Cycle, were recently acquired by FlexGen and Glencore, respectively, after announcing bankruptcy.

A double-header of Poland grid-scale BESS news, with GoldenPeaks Capital entering the market with a two-project acquisition, and R.Power securing a PPA for a solar-and-storage project.

HMC Capital has completed the acquisition of Neoen’s energy storage and renewables portfolio in Victoria, Australia.