The recent successes of the energy storage market in Europe bring new challenges alongside industry maturity, writes Vicente Abad.

Ukraine’s government sees energy storage as a tool of strategic national importance as the country weathers Russian attacks and looks to the future.

IPP Lydian Energy has secured US$689 million in financing for two solar projects and a battery energy storage system (BESS) project in New Mexico, Texas, and Utah, US.

The US Treasury’s interim FEOC guidance has outlined “Material Assistance” provisions, which rely heavily on existing safe harbour calculations.

Australia’s Clean Energy Council has said that 2025 saw as many battery energy storage systems commissioned as in the last 8 years combined.

Germany’s BESS market is booming but is still far behind what it is needed for its energy transition. 2026 will be a key year in this regard with several key regulatory questions potentially clarified, writes energy transition comms executive Frederik König.

Global investment firm KKR has announced a strategic partnership with HMC Capital, committing up to AU$603 million (US$423 million) to HMC’s Energy Transition Platform as Australia accelerates its renewable energy deployment and grid modernisation efforts.

The European Investment Bank (EIB) has invested €24 million (US$28 million) in cloud-based battery data analytics provider TWAICE.

Three Chinese energy storage companies have recently successively filed or updated their listing applications with the Hong Kong Stock Exchange (HKEX), planning IPOs on the Hong Kong Main Board.

Leading BESS owner-operators across Europe discuss the key trends around the financing and deployment of grid-scale projects, with the segment now the driver of continent-wide deployments according to trade body SolarPower Europe.