German startup Eden Energy is developing commercial battery storage systems using retired e-scooter batteries that still retain much of their original capacity. The Freiburg-based spin-off from the Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has delivered its first 70…
Italy’s Ministry of Environment and Energy Security (MASE) issued five new single authorizations (AU) on Oct. 30 for battery energy storage system (BESS) projects with a combined power capacity of 722.5 MW. Including previous approvals, 24 storage projects totaling 3.7…
Chinese battery manufacturer CATL has opened a commercial and technical office in Argentina to expand its presence in the energy storage market. The company is supplying equipment for two projects developed by Central Puerto, totaling 205 MW of power and…
Samsung SDI posted its highest quarterly operating profit in three years in the third quarter of 2026, driven by utility-scale energy storage system (ESS) orders and battery backup units (BBUs) for artificial intelligence data centers. Revenue rose 52.6% year-on-year, with…
South Korea plans to exempt battery energy storage system (BESS) containers without an internal walkway from a requirement to install CCTV cameras inside, part of an 18-point package to ease regulation of the battery industry. The prime minister’s office announced…
Belgian transmission system operator Elia Transmission Belgium has published the results of three capacity remuneration mechanism (CRM) auctions, covering the 2027-28, 2028-29 and 2030-31 delivery periods. In line with the volumes set by the energy minister, it contracted the capacity…
Melbourne-based Clutch Industries has secured AUD 6.77 million ($4.76 million) in funding through the Australian Renewable Energy Agency (ARENA) to establish and operate a pilot manufacturing line for a portable 4 kWh battery pack built on solid-state battery architecture. The…
Energy storage ranks among the premier technologies for supporting renewable energy deployment and enabling grid stability as capacities increase to meet skyrocketing demand. Lithium-ion battery energy storage systems (BESS) have emerged as cost-effective and widely deployed solutions for an array…
Samsung C&T has acquired a majority stake in Australian electrical engineering, procurement, and construction (EPC) contractor Powertech in a deal valued at approximately AUD 100 million (USD$70 million). The transaction surfaced via the Australian Financial Review’s Street Talk column, the…
The Armenian government is subsiding interest rates on loans and leasing for storage devices paired with solar systems. Government provisions, which took effect last week, introduce interest rate subsidies for eligible loans and leasing arrangements when acquiring storage systems that…