Browsing: Energy Storage

Renewable energy developer Sunly and Rolls-Royce Power Systems have signed agreements to develop four utility-scale battery energy storage systems (BESS) in Latvia with a combined capacity of 490 MWh.

California’s growing electricity demand and renewable integration challenges are increasing the importance of hybrid solar and battery storage projects capable of delivering both clean energy and grid flexibility. The BigBeau Solar+Storage Project in Kern County is the latest example of this shift, with EDF power solutions North America and Abu Dhabi Future Energy Company, Masdar, securing 15 year power purchase agreements covering output from the 128 MWac solar facility and its 40 MW/160 MWh battery energy storage system.

Saudi Arabia’s battery storage market is entering a new phase of industrial development as Chinese energy storage manufacturer ZOE Energy Storage moves to establish a large-scale battery energy storage system manufacturing facility in the kingdom.

The world is on track to invest $3.4 trillion in energy in 2026, yet the most significant shift is not the scale of spending but where the money is flowing. Electricity infrastructure, renewables, nuclear power, storage, and efficiency are attracting nearly twice as much investment as fossil fuels, reflecting how a second major energy crisis within five years is reshaping global perceptions of energy security.

According to research from the Transport & Environment (T&E), only nine of the EU’s 27 member states offer a tax advantage for electric company cars that is large enough to offset the higher upfront purchase price of an EV.

South Africa’s battery energy storage market is gaining strategic importance as renewable energy deployment accelerates, but the country’s ambitions to build a domestic manufacturing ecosystem face the same structural challenges that have weakened much of its industrial base: high energy costs, inconsistent demand, and intense competition from low-cost imports.

The global inverter market is projected to grow from $25.33 billion in 2025 to $54.57 billion by 2030, a compound…

Germany’s battery storage market has become one of Europe’s fastest growing energy infrastructure segments, driven by volatile electricity pricing, renewable energy expansion, and increasing demand for grid flexibility. But the sector’s rapid growth has also exposed how heavily investment momentum depends on regulatory predictability rather than technology costs alone.

Nordic Solar has brought its first co located Battery Energy Storage System project into commercial operation in Tiste, Lower Saxony, combining a solar installation with an 11 MW / 22 MWh battery system.

Fortescue has started construction of a 650MWh battery energy storage system at Cloudbreak in Western Australia’s Pilbara region alongside the 690MW Turner River solar project, expanding its effort to operate iron ore production using renewable electricity.