Australian mining giant Fortescue has accelerated its timeline for deploying 4-5GWh of battery energy storage systems (BESS) paired with 1.8GW of renewable energy generation, which it now expects to begin commercial operation by 2028.

New South Wales has been warned that it must accelerate the development of battery energy storage systems to meet its 2030 targets.

With AI at its core, Chinese solar and storage firm Sigenergy is redefining the industry’s next chapter with a state-of-the-art gigafactory.

Australia’s New South Wales now requires 56GWh of storage by 2030, amounting to 40% more than projected just six months ago.

Energy firm RWE added 2GW to its US operating capacity in 2025, bringing its total operational capacity to nearly 13GW across the country.

D. E. Shaw Renewable Investments (DESRI) has signed a preferred equity investment in IPP Linea Energy’s 235MW/470MWh Duffy battery energy storage system (BESS) in Matagorda County, Texas.

IPP Lydian Energy has secured US$689 million in financing for two solar projects and a battery energy storage system (BESS) project in New Mexico, Texas, and Utah, US.

The US Treasury’s interim FEOC guidance has outlined “Material Assistance” provisions, which rely heavily on existing safe harbour calculations.

Energy storage developer NineDot Energy closes US$431 million in construction financing for New York BESS projects. Meanwhile, US energy efficiency and renewables company Ameresco completes multiple tax credit transfer and financing transactions for solar PV and BESS.

Software-focused battery energy storage system (BESS) integrator FlexGen has put two utility-scale BESS projects in operation in Wisconsin and Iowa, US, totalling 700MWh.