UAE state-owned IPP Masdar has reached financial close on what it has claimed is the world’s “first gigascale 24/7 renewable energy project”.

In 2025, BESS installations surpassed 320GWh, a y-o-y increase of over 50%. While this tells one-side of the story, the growth in cell and system shipments tells an even more significant one, writes Benchmark’s Iola Hughes.

Activity in Central and Eastern Europe (CEE) continues to accelerate, with two separate c.600MWh projects completed in Bulgaria by Solarpro & CATL and Sunotec and Sungrow, plus around 800MWh of capacity progressed across Romania, Estonia, Lithuania, and Finland.

Chinese-based OEM Sungrow and Spanish IPP Sonnedix have signed a supply agreement for 643.8MWh of Sungrow’s PowerTitan 2.0 solution.

Solar Media Market Research analyst Charlotte Gisbourne looks at the changing revenue and margin dynamics in the BESS supplier landscape.

Battery storage developer and operator Spearmint Energy has closed a US$450 million financing to support its 300MW/600MWh Red Egret battery energy storage system (BESS) project.

Masdar has selected Sungrow for the world’s first gigawatt-scale 24/7 dispatchable renewable energy project in the United Arab Emirates (UAE).

Sungrow’s BESS and grid-forming power conversion system (PCS) combined established system voltage within 19 seconds during black-start testing at the company’s newly established large-scale, plant-level grid-forming field test base.

PV inverter manufacturer and energy storage system integrator Sungrow has re-filed its listing application to the Hong Kong Stock Exchange (HKEX).

The rapid digitisation of energy infrastructure represents a big challenge, says Michael Hudson, cybersecurity strategy director at Sungrow North America.