Saudi Arabia and the UAE have emerged as two of the world’s most prominent energy storage markets, with mega-scale projects announced and moved forward at a staggering pace over the last two years. But what does the next phase look like?

Vena Energy has signed a battery storage supply agreement with CATL for a project which would export renewable energy from Indonesia to Singapore.

Stanwell bags rights to Quinbrook’s 6.24GWh Gladstone Energy Hub, combining 780MW battery energy storage with gas generation in Queensland.

The three-year rolling partnership, whereby CATL will supply HyperStrong with cells and system products, could be updated annually.

The Emirati state-owned renewables developer Masdar has begun construction on a giant solar-plus-storage project in Abu Dhabi.

The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.

The New South Wales Independent Planning Commission has approved ACEnergy’s 250MW/1,100MWh Yanco battery energy storage system in Australia.

Lithium-ion OEM Hithium’s failed Hong Kong listing amidst a lawsuit from larger competitor CATL may point to wider industry trends, with an increasingly competitive and larger battery industry meaning ever higher stakes.

Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.

It’s still to early to see the financial impact on energy storage suppliers in the wake of Trump’s tariffs and legislation, writes Solar Media analyst Charlotte Gisbourne, analysing their H1 revenues.