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.
Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to advance development activities for its 200MW/1,600MWh Silver City Energy Storage Centre project in Broken Hill, New South Wales, Australia.
Grenergy has secured a senior non-recourse financing agreement worth US$270 million for Phase 6 of its flagship Chilean solar-plus-storage project, Oasis de Atacama.
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.
Two energy storage topics appeared to come up in conversation more than any other at the first day of RE+: US domestic content and the race for energy density increases.
“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.
