There has been another twist in the long-running saga of Wärtsilä’s energy storage business and how the company aims to run it going forward.

Recharge Power, a Taiwanese battery energy storage system (BESS) developer and integrator, has signed a strategic cooperation agreement with Australian renewable energy developer Energy Decarb to establish a joint venture targeting the Australian solar PV and battery storage market.

TotalEnergies is pushing ahead with a co-located battery storage and gigawatt-scale wind project in Kazakhstan, Central Asia.  

NeoVolta has raised approximately US$23 million to support its 2GWh BESS manufacturing JV in Georgia, US.

A 100MW/200MWh BESS project in Estonia has been inaugurated by Baltic Storage Platform (BSP), a joint venture (JV) between Baltic developer Evecon, French independent power producer (IPP) Corsica Sole and investment manager Mirova.

BESS developer-operator Dais Energy Ventures and investor Electric Land have announced a joint venture (JV) to develop, build and operate 4GW of BESS projects in Germany.

Owner-operator BW ESS and developer Ibersun have entered into a partnership to develop and deploy 2.2GW of BESS projects in Spain.

Largo has announced the successful closing of the previously announced transaction between its subsidiary, Largo Clean Energy Corp. and Stryten Critical E-Storage to establish joint venture Storion Energy.

At the end of 2024, Australian renewable energy developer ZEN Energy, in partnership with Taiwan’s HD Renewable Energy (HDRE), announced plans to establish a joint venture in Australia that will target 1GW of energy storage capacity.

Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.