China-based inverter and BESS firm Sungrow has submitted its application for a Hong Kong Stock Exchange IPO, after a period of strong revenue growth.

BESS provider Sungrow and power firm Engie have connected the first phase of a 400MW/800MWh project, one of the largest in Europe, to the grid in Belgium.

IPP EP Produzione has ordered 220MWh of BESS from inverter and energy storage firm Sungrow in Italy, with a storage-focused capacity auction scheme just 11 days away.

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.

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.

The market share of vertically integrated battery cell and BESS companies has fallen since 2023, market intelligence firm Rho Motion said.

Chinese solar PV inverter and energy storage provider Sungrow has announced two major developments: plans for a Hong Kong IPO and the release of its half-year 2025 interim report.

Wood Mackenzie’s BESS supply rankings list shows ‘intensifying regional competition and shifting dynamics’ as Tesla remains number one.

Oil, gas and renewables firm Galp has announced construction on BESS projects in Spain and Portugal using equipment from inverter and BESS firm Sungrow.

We look at which BESS suppliers have supplied which UK project owner-operators, with data from our Market Research colleagues.