Hoymiles Power Electronics, which built its business on microinverters, earned 78.3% of its first-half 2026 revenue from energy storage, and swung to a net loss of CNY 164 million ($24.5 million). Management attributed the loss in part to the change…
The scale of the requirement is significant. According to the Central Electricity Authority’s National Electricity Plan, India’s total energy-storage requirement is projected to rise from about 82 GWh in 2026-27 to 411.4 GWh by 2031-32, including 236.22 GWh of BESS. The government…
CATL has signed an agreement with Copenhagen Infrastructure Partners (CIP) to supply a 313 MW MWh BESS to the La Alegría Solar project, which the Danish investment manager is developing in the Mexican state of Campeche. The configuration provides about…
Three US utilities, Ameren Missouri, DTE Energy in Michigan, and Black Hills Energy in Colorado have recently submitted IRPs with highlighted BESS project additions.
IPP Northland Power has announced that its 80MW/160MWh Jurassic energy storage project in Cypress County, Alberta, CA, has achieved commercial operations.
Sweden-based climate and nature solutions provider Milkywire announced that it has completed a new round of carbon removal pre-purchase agreements on behalf of Salesforce with eight suppliers spanning multiple technologies, aimed at supporting early-stage carbon removal pathways with high long-term…
Ireland has approved a new energy grants package aimed at homes and businesses effective from Oct. 6. It includes enhanced solar supports as well as home heating decarbonization and retrofitting. Residential battery grants worth up to €600 are also being…
Impact data company Upright announced the launch of physical climate and transition risk assessment on its platform, aimed at enabling companies and investors to quantify climate risks in their operations, supply chains and portfolios. According to Upright, the launch of the…
Chinese inverter and battery maker Fox ESS has unveiled a modular C&I storage system that it says can scale from 28 kWh to nearly 1,000 kWh on a single inverter. The company lists a maximum on-grid configuration of 100 units…
Gotion and Volkswagen AG will establish three joint ventures to manufacture lithium iron phosphate (LFP) batteries and battery materials in Valencia (Spain), Surany (Slovakia), and Kenitra (Morocco).