Browsing: energy storage

Iberdrola SA is advancing a 1-GW class battery energy storage system in Queensland, signaling continued international utility investment in Australia’s grid stabilization market.

Ford Motor Company is expanding its role beyond electric vehicles through its energy division, Ford Energy, which has signed a five year framework agreement with EDF Power Solutions North America for up to 4 GWh of DC Block battery energy storage systems annually.

China’s battery sector is entering a new competitive phase as manufacturers search for alternatives to lithium-based chemistries amid rising resource pressure, geopolitical supply concerns, and intensifying demand for stationary storage.

A reported 93.9 percent energy utilization efficiency, roughly one-third higher than conventional thermal hydrogen storage methods, is drawing attention to a new gas-solid battery prototype developed by researchers at the Dalian Institute of Chemical Physics under the Chinese Academy of Sciences.

Ford Motor Company has launched a new wholly owned subsidiary, Ford Energy, aimed at manufacturing stationary battery storage systems at its Kentucky facility with planned annual deployment capacity of 20 GWh.

The United Kingdom’s energy transition is entering a phase where storage duration is becoming as strategically important as generation capacity itself. As renewable penetration increases and periods of excess solar and wind generation become more common, the limitation is no longer only how much clean electricity can be produced, but how long it can be retained and dispatched when needed.

Global corporate funding for energy storage companies reached USD 2.3 billion in the first quarter of 2026, underscoring how battery storage continues to attract capital even as broader clean energy investment markets face rising financing costs and increasing pressure on project economics.

Byhmgard AB has signed a right of first refusal agreement with Solarigo Systems Oy covering the development of battery energy storage system projects in Finland. The agreement includes an initial pilot project planned at approximately 50 MW in Nivala, at the Hitura site.

SoftBank is moving beyond its traditional telecommunications and technology focus with plans to establish a domestic battery manufacturing business aimed at supporting AI-driven power demand.

The moment when wind and solar overtook fossil fuels as the dominant source of electricity in the European Union was…