Browsing: Energy Storage
Jinko ESS has secured a strategic cooperation agreement covering 1 GWh of battery energy storage systems across the region. The portfolio is focused on grid-side and utility-scale deployments, reflecting a broader shift in storage demand from behind-the-meter applications toward system-level balancing.
Recent internal discussions at major financial institutions reveal a stark divergence between public narratives and institutional risk management. During a…
A €330 million financing package for two large-scale battery energy storage systems in Belgium underscores the growing role of storage in Europe’s power markets, with renewable developer Storm securing backing from institutional investors including The Belgian Infrastructure Fund, PMV, and TINC, alongside a syndicate of commercial banks.
US Energy Storage Market Surpasses Records Amid Policy Shifts, Poised for Half-Terawatt-Hour Growth
The US energy storage sector set a new benchmark in 2025, deploying 18.9 gigawatts of capacity totaling 51 gigawatt-hours across utility-scale, residential, and commercial segments, according to the latest US Energy Storage Monitor from Wood Mackenzie and the American Clean Power Association.
Porsche Shifts Battery Strategy in South Korea as Cayenne Electric Launch Aligns With Local Supply Chain Pressures
Porsche is restructuring its electric vehicle battery sourcing strategy in South Korea, mandating that all models sold in the market use locally produced battery cells, a move that reflects both regulatory pressure and shifting consumer expectations in one of Asia’s most scrutinized EV markets.
China’s leading battery and energy storage companies have collectively gained over $70 billion in market capitalization following the US and Israeli strikes on Iran, signaling investor anticipation of a long-term pivot toward renewables.
LG Energy Solution Expands Battery Recycling Strategy as Raw Material Constraints Reshape EV Supply Chains
LG Energy Solution is intensifying its push into battery recycling and repurposing, positioning circular resource systems as a core component of its long-term supply strategy.
Rugendorf-based Münch Energie Group has commissioned a 500-MWh battery energy storage system in Saxony-Anhalt, positioning the facility as Germany’s largest contiguous battery storage cluster currently in operation.
Welcome to the new world order. For the past twenty years, politicians in expensive suits have assured us that the…
Canadian Solar has secured a 500 MW, 2,493 MWh battery energy storage system agreement through its e-STORAGE division, targeting infrastructure that supports data center reliability and grid resilience.
Subscriptions
Subscribe to Updates
Get the latest news from EnergyNewsBiz about hydrogen.
