Independent power producer (IPP) Grenergy has signed a 1TWh night-time power purchase agreement (PPA) for its 3.5GWh Elena BESS project in Chile.

French independent power producer (IPP) Neoen has been awarded a 20-year capacity services contract for its 200MW/1,600MWh energy storage project in Ontario.

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.

Three massive BESS projects have been launched in Europe: BW ESS has broken ground on a 1GW system in Germany, while Greenvolt and Giga Storage have enlisted suppliers (BYD and Tesla) for 2.4GWh and 2.8GWh projects in Poland and Belgium.

The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.

Wärtsilä has brought the 150MW/300MWh Bungama BESS online in South Australia, for owner and operator Revera Energy.

Samsung C&T Renewable Energy Australia has submitted the 600MWh Comet Park BESS for federal environmental assessment under the EPBC Act.

Australian AI infrastructure developer Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.5GWh of battery storage by 2032.

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