BESS deployments in Europe are growing exponentially year-on-year, but is asset management, operations & maintenance (O&M) and data given enough priority? A data executive from BayWa r.e. discussed the topic.
Three companies across the BESS value chain, including PowerUp, describe how battery analytics has become a decision layer that the whole ecosystem acts upon.
Chinese system integrators have cemented their dominance of the global battery energy storage system (BESS) market, capturing 76% of global market share in 2025.
Wärtsilä spinning out its energy storage activities and divesting a 50% stake this week reflects difficulties in making the business profitable and synergistic within the wider group activities, analysts said.
China-headquartered battery storage system integrator HyperStrong and German power electronics manufacturer SMA Solar have signed a strategic cooperation agreement.