Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.

Atlas Renewable Energy has inaugurated a 200MW/800MWh BESS project in Chile, which it claimed is the ‘first large-scale standalone BESS’ in the country and the wider Latin American region.

National and regional agencies in India tendered for 9.5GW of utility-scale ESS in Q1 2025, more than two-thirds for standalone systems.

The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.

ACE Power has submitted a 2,000MWh BESS in Queensland to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

US battery energy storage system (BESS) project developer-operator Jupiter Power has secured a US$225 million corporate credit facility.

Renewable energy company Maoneng has made public its plans for a 240MWp / 480MWh battery energy storage system (BESS) which it has proposed to build in Victoria, Australia.

The UK is undoubtedly one of the hottest global markets for battery storage today and a considerable pipeline of projects exists. Analyst Mollie McCorkindale from Solar Media Market Research explains some of the methodologies to filter out the top 10 projects in development.

Vertically-integrated solar PV company Canadian Solar won nearly 1GWh of battery storage contracts in 2020 and CEO Shawn Qu has said it expects to “capture around 10% of the battery storage market in the US alone” during this year.

Ireland’s first grid-scale battery system was commissioned at the beginning of 2020 but was followed just a few months later by another one 10 times larger. The opportunities for further development in the country appear huge, with a grid operator willing to recognise the role energy storage can play in balancing the network.