Browsing: Energy Storage

A $142 million financing package from the European Bank for Reconstruction and Development (EBRD) is set to catalyze Uzbekistan’s largest renewable energy and storage development to date — a 1 GW solar photovoltaic (PV) complex paired with 1,336 MWh of battery energy storage.

OMC Power (OMC) and Honda Motor are joining forces to develop a business model that integrates repurposed EV batteries into distributed renewable energy (DRE) systems, a concept that could redefine energy access and storage economics across rural India.

Singapore’s Sembcorp Industries has taken a key step in maximizing land efficiency for clean energy deployment by piloting a battery stacking solution at its existing Jurong Island energy storage system (ESS).

South Australia is accelerating its clean energy transition with the launch of its first Firm Energy Reliability Mechanism (FERM) tender this month, seeking 700MW of long-duration energy storage (LDES) to stabilize the grid as it approaches a 100% net renewables target by 2027.

Belgium has taken a decisive step forward in Europe’s energy transition with the completion of the first phase of the Terhills Battery Energy Storage System (BESS) in Dilsen-Stokkem, Flanders.

Global demand for batteries continues to soar, driven by accelerating electrification across vehicles, energy storage, and heavy-duty transport.

The U.S. Department of Energy (DOE) has canceled $700 million in federal battery and manufacturing grants, marking the second wave of funding reversals this month and signaling a more stringent approach to industrial subsidies.

As the world pushes toward carbon neutrality, high-energy-density batteries are emerging as critical enablers for electric vehicles and grid-scale renewable storage.

Tesla has issued a recall for 12,963 vehicles in the United States after identifying a potential battery connection defect that could cause sudden power loss while driving, according to the National Highway Traffic Safety Administration (NHTSA).

Dutch pension fund manager APG has announced a €300 million ($350 million) growth investment in Amsterdam-based energy storage developer Return, aimed at expanding its battery energy storage system (BESS) portfolio across the continent.