System integrator HyperStrong will deploy sodium-ion BESS first in its home market of China, before bringing a product to the international markets, its president of technology said.
German fusion technology startup Proxima Fusion announced that it has raised €411 million (USD$468 million) in a new funding round, marking the largest-ever private investment in European fusion, with strategic investors including Google and RWE. According to Proxima CEO Francesco…
Eni Storage Systems has broken ground on a gigafactory in Italy set to build LFP cells for energy storage applications, while Chinese firm Hithium has won an €80 million grant from the Spanish government for a battery and BESS plant…
Developers must use all the tools at their disposal and be aware of the frontline climate risks that battery storage projects in Southeast Asia will be subject to.
UK-based renewable energy producer British Solar Renewables (BSR) announced that it has secured up to £130 million (USD$174 million) in a financing agreement with Paris-based asset manager Eiffel Investment Group, aimed at supporting investment in its renewable energy portfolio in…
Spark Renewables’ AUD 1.35 billion ($940 million) Dinawan solar and battery energy storage project planned for southwest New South Wales has been approved under the Australian government’s Environment Protection and Biodiversity Conservation (EPBC) Act, moving the huge project closer to…
Chinese system integrators have cemented their dominance of the global battery energy storage system (BESS) market, capturing 76% of global market share in 2025.
Brazil’s latest 10-year energy expansion plan projects rapid growth in behind-the-meter battery storage as falling technology costs improve the economics of residential, commercial, and industrial systems. “Plano Decenal de Expansão de Energia (PDE) 2035,” prepared by the Energy Research Office…
Three firefighters were injured after a BESS exploded while crews were responding to a fire at a residential property near Rostock, Germany. The fire broke out on June 5 in a wooden shed at a single-family home in Bentwisch. According…
Trina Storage says a European Union restriction barring EU public funding for battery storage projects using power conversion systems from high-risk countries has had a limited effect on its pipeline, as the company sources its PCS from non-Chinese partners and…