CATL has formed a partnership to work on projects awarded contracts through Brazil’s first national energy storage auction programme, which received more than 6,000 bids.
Independent power producer (IPP) Verano Energy has awarded the battery energy storage system (BESS) supply for its 152MW/606MWh Observatorio project to Sungrow.
Danish investment firm Copenhagen Infrastructure Partners (CIP) has reached financial close of the La Esperanza Solar energy storage-plus-solar PV project in the state of Campeche on Mexico’s Yucatán Peninsula.
Chinese system integrators have cemented their dominance of the global battery energy storage system (BESS) market, capturing 76% of global market share in 2025.