Developer Lightshift Energy has expanded its software agreement with FlexGen Power Systems, with the two companies announcing the expansion of a deal for FlexGen’s HybridOS energy management system (EMS) to a now 16-project battery energy storage system (BESS) portfolio across…
Jupiter Power has secured $1.4 billion in project financing across four separate transactions, supporting ten utility-scale battery energy storage system projects totaling 1.5 GW / 3.6 GWh of capacity across Texas and Michigan. The transactions, which closed between April and July 2026,…
The State Electricity Commission (SEC) of Victoria, Australia, secured a 15-year offtake agreement and will invest AUD 43 million for a stake in the 400 MW GWh Baranduda battery storage project, co-developed by Aware Super and Melbourne-based investor Birdwood Energy.…
Battery storage provider RCT Power GmbH has entered provisional insolvency proceedings, according to a notice from the Freiburg District Court in Germany. The insolvency application was filed by Managing Director Pei-Fen Hsiso, who succeeded long-serving managing director Thomas Hauser in…
Spain will introduce a capacity market for the peninsular electricity system, creating a new revenue mechanism for battery storage, generation and demand-side resources while the government increases planned electricity grid investment through 2030 to more than €17 billion. The Ministry…
Moroccan phosphate producer OCP has built an LFP battery energy storage system (BESS) at its Benguerir mining site in Rehamna province, central Morocco. The system has a power rating of 25 MW and an energy capacity of 125 MWh, with…
Lithuania’s government has approved a series of measures geared towards developing the country’s energy infrastructure. According to a statement published by Lithuania’s Ministry of Energy, the measures include plans to remove obstacles to solar power plants on apartment balconies, promote…
Renewable energy company Zelestra and German steel manufacturer Salzgitter Flachstahl have signed what the companies claim is Germany’s largest hybrid solar-plus-storage power purchase agreement (PPA). The long-term agreement covers two new hybrid plants totaling 147 MW of solar, combined with…
According to InfoLink Consulting’s latest Global Residential Energy Storage Market and Shipment Database, global residential energy storage capacity additions are projected to reach 46.1 GWh in 2026. Europe remains a key contributor to the global residential energy storage market, with…
Abu Dhabi-based renewable energy company Masdar has signed a collaboration agreement with Azerbaijan Green Energy Company (AGEC) to explore the development of new renewable energy projects in Azerbaijan. This includes both battery storage and round-the-clock (RTC) projects. The agreement centers…