The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS) portfolio in Uzbekistan.
Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.
Dr Mahdi Behrengrad, head of energy storage at Pacifico Energy, speaks to Energy-Storage.news ahead of next week’s Energy Storage Summit Asia 2025 in Manila.
A renewable energy subsidiary of oil & gas company Reservoir Link has agreed to jointly develop the first dispatchable solar PV power plant in Malaysia.
Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.
Chinese energy storage companies active in the US face an uncertain future as federal policies encourage moves to reduce their supply chain involvement.