Browsing: energy storage

In a marked departure from years of cautious optimism, merchant battery energy storage systems (BESS) in India have turned profitable. According to a new report from energy think tank Ember, BESS projects commissioned in 2025 could deliver internal rates of return (IRR) of up to 17% by engaging solely in India’s power exchanges—without fixed power purchase agreements (PPAs).

As the global market for aqueous batteries accelerates—projected to exceed $10 billion by 2030—a new study from KAUST’s Center of…

India’s energy storage sector achieved a pivotal milestone in July 2024, with states tendering 8.1 GWh of capacity—the highest monthly…

With lithium-ion supply chains under stress and battery safety still a headline risk, U.S.-based startup Peak Energy is betting on…

Germany’s battery storage capacity reached 22.1 GWh by mid-2025, yet EnBW’s proposed 400MW/800MWh facility at the decommissioned Philippsburg nuclear site…

Tesla’s energy storage revenue exceeded $10 billion in 2024, representing a 67% year-over-year increase, yet this growth trajectory faces mounting…

The widespread blackout that affected Spain and Portugal in April has prompted the Portuguese government to announce a €400 million…

As global electricity demand surges—driven by AI expansion and cloud services—Google has taken a strategic step into long-duration energy storage…

Australia’s energy transition has reached another critical inflection point with the commissioning of the 125 MW/250 MWh Koorangie Battery Energy Storage System (BESS) in Victoria.

In 2024, 91% of new renewable energy projects worldwide delivered power at a lower cost than any new fossil fuel alternative, according to the latest data from the International Renewable Energy Agency (IRENA).