- ExxonMobil Cuts Low-Carbon Spending as Oil Majors Recenter on Fossil Fuel Cash Flow
- Drax Scales Back Carbon Capture as Doubts Grow Over BECCS Economics
- Samsung E&A Enters U.S. SAF Market as Engineering, Not Fuel Supply, Becomes Real Constraint
- U.S. Renewable Energy Policies Threaten AI Boom, Warns Bloomberg Analysis
Browsing: Energy 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.
Wärtsilä Unveils Predictive Analytics Platform to Boost Battery Performance and Grid Value
As global electricity systems grow increasingly dependent on renewable energy, precision in managing energy storage assets has become a decisive factor in grid stability and project profitability. Wärtsilä’s new GEMS Pulse platform directly addresses this operational challenge by transforming raw battery data into actionable intelligence—aiming to unlock the full financial and technical potential of energy storage systems.
Iberdrola Expands Australian Battery Portfolio with $492 Million Tungkillo BESS Acquisition
Spain-based renewable energy developer Iberdrola has acquired the proposed 270 MW / 1,080 MWh Tungkillo Battery Energy Storage System (BESS) in South Australia for $492 million from UK-headquartered clean energy firm RES Australia.
MIT Boosts Carbon Concrete Battery Tenfold, Opening Path for Energy-Storing Buildings and Infrastructure
MIT researchers have achieved a tenfold increase in the energy storage capacity of electron-conducting carbon concrete (ec³), a material capable of turning buildings, bridges, and pavements into functional energy storage units.
Portugal’s EDP Renewables is moving to strengthen its foothold in Australia’s energy transition, with 1.7 gigawatts (GW) of new solar and battery capacity approved under the federal Capacity Investment Scheme (CIS) — a key instrument in the country’s effort to stabilize renewable generation while ensuring long-term investor confidence.
GoldenPeaks Capital and Huawei Polska Partner on 500 MWh Grid-Forming Battery Storage Expansion in Europe
GoldenPeaks Capital (GPC) and Huawei Polska have formalized a Memorandum of Understanding (MoU) to deploy 500 MWh of grid-forming battery energy storage systems (BESS) across Europe, signaling a strategic push to bolster grid stability amid rising renewable energy integration.
Revolutionary Offline Lithium-Ion Battery Repair System: Slashing Costs and Boosting Performance
In addressing the increasing need for efficient energy storage solutions, a recent study introduced an offline lithium-ion battery repair system that employs a dynamic strategy and hybrid topology, aiming to tackle common issues such as battery inconsistency, high costs, and single control methods in lithium battery packs.
India’s installed energy storage capacity stood at 490 megawatt-hours (MWh) by the end of June 2025, according to Mercom India’s latest Energy Storage Landscape 1H 2025 Report, signaling steady but uneven progress toward the country’s renewable integration goals.
As renewable energy penetration rises, balancing intermittent generation with reliable grid services remains a pressing challenge. Subsurface pumped energy storage (SPES) is emerging as a versatile solution, offering kilowatt-to-megawatt-scale power output from a single well while achieving storage densities over 30 times greater than conventional pumped hydro storage.
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