Italy’s energy regulator has proposed cutting the maximum annual payment for the country’s second battery storage capacity auction by about 40%, reflecting lower battery costs ahead of the 2029 delivery auction. The Italian Regulatory Authority for Energy, Networks and Environment…
Amsterdam-based Ore Energy has raised $43 million to build what it says will be Europe’s first iron-air battery manufacturing facility, aimed at storing renewable electricity for up to 100 hours. The Series A round was led by Plural and HV…
August XX, 2026, Wenzhou, China — Recently, Ian Thorpe, an Australian multiple Olympic champion and Fox ESS’s brand ambassador, visited Fox ESS’s new smart factory in Wenzhou. Opened in June, the facility integrates cutting-edge technologies and has increased production efficiency…
AES Andes has started commercial operations at Bolero BESS, a 146 MW/438 MWh BESS located alongside the 146 MW Bolero solar plant in Sierra Gorda, in Chile’s Antofagasta region. The lithium-ion BESS is paired with the Bolero solar plant, which…
Utility-scale solar and energy storage developer Avantus has announced the closing of a $1.05 billion corporate credit facility. The transaction represents a major expansion of the company’s capital structure, more than doubling its previous $522 million credit line secured in July 2024. The upsized capacity will directly support Avantus’…
Brazil’s first battery energy storage system (BESS) capacity auctions have attracted more than 260 GW of registered projects for the first tender and more than 280 GW for the second, according to preliminary data from the Energy Research Office (EPE).…
Nordic smart energy provider Emaldo has partnered with Danish energy aggregator Twig to expand market access for its battery storage customers across Denmark, Sweden and Finland. Emaldo, which said in July that its customers earn more than €1 million per…
NTPC has signed a 750 MW PPA with Evren for a hybrid renewable energy project comprising solar, wind, and BESS components across Andhra Pradesh and Rajasthan. Evren said this agreement marks a significant milestone in its growth journey and is…
Brazil’s energy storage market is entering a new phase of development, moving from pilot projects toward commercial-scale deployments, according to UCB Power. Vinicius Berná, executive director of Commercial and New Business at UCB Power, said 2025 marked a turning point…
As the power density of artificial intelligence computing clusters continues to rise, energy consumption pressures on data centers are increasing in tandem with the demand for green electricity. Against this backdrop, JinkoSolar, the global leading PV and ESS supplier, today…