Battery energy storage revenues in Australia’s National Electricity Market (NEM) fell 61% in September 2025 to AU$85,000/MW (US$56,712/MW) as price volatility eased across the grid, according to new research from Modo Energy.

A renewable energy subsidiary of oil & gas company Reservoir Link has agreed to jointly develop the first dispatchable solar PV power plant in Malaysia.

Victoria, Australia, has seen just under 5GWh of battery energy storage systems (BESS) granted approval for development by the state and federal governments.

President of the Philippines, Ferdinand Marcos Jr., was in attendance as the country’s first ‘baseload’ power plant to combine solar PV and battery storage officially went into action.

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.

The Governor of Washington State has delayed issuing final approval of a hybrid BESS facility under development by Cypress Creek Renewables.

Chile is leading Latin America’s wave of energy storage adoption, closely linked to its embrace of solar PV.

Public Service Company of New Mexico (PNM) has laid the groundwork for a new 120MWh distribution-connected portfolio of battery energy storage system (BESS) projects.

Spanish utility Iberdrola and power conversion specialist firm Ingeteam have partnered to hybridise Spanish operational PV plants with battery energy storage systems (BESS).

US-based renewable energy developer National Renewable Solutions (NRS) announced its 140MWac solar energy and 50MW battery storage Shallow Basket Energy project is now operational.