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.