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Global battery storage failure rate down 98% since 2018

The Electric Power Research Institute (EPRI) has reported that global annual failures for lithium-ion battery energy storage systems (BESS) per deployed GWh have declined 98% from 2018 to 2025. EPRI defines a failure incident as a large-scale thermal event involving arc-flash, fire,…

Cox plans 1 GWh of storage in El Salvador

Cox has signed an investment agreement with the government of El Salvador to develop solar power, battery energy storage, natural gas and water infrastructure under a program valued at $2.9 billion. The agreement was signed at the presidential palace by…