Browsing: energy storage

The shift toward large scale renewable energy deployment in the United States is increasingly becoming a financing and infrastructure challenge rather than a technology question. Permanent Power Company, a national power platform backed by CIM Group, has secured approximately $600 million in construction financing for its Grape solar and energy storage project in California, highlighting the growing role of hybrid renewable projects in addressing grid reliability and clean energy demand.

India’s battery energy storage sector recorded one of its strongest growth periods in early 2026, with 4.6 GWh of new battery energy storage system (BESS) capacity added in the first quarter, according to Mercom India Research’s Q1 2026 India Energy Storage Landscape Report.

Wärtsilä is separating its global Energy Storage business into a new joint venture with German engineering company RCT Solutions GmbH as competition, supply chain pressures, and margin challenges reshape the battery energy storage sector.

Data centre electricity consumption reached 415 terawatt-hours globally in 2024, roughly 1.5% of total global electricity use, and the IEA…

The global vanadium redox flow battery market was valued at $495 million in 2025 and is projected to surpass $3…

China’s total capacity of renewable-based hydrogen production projects, both completed and under construction, exceeded one million tons per year as…

The California Energy Commission (CEC) has awarded LiCAP Technologies an $11.3 million grant to expand manufacturing capacity and accelerate commercialization of its dry electrode platform, a technology designed to reduce battery production complexity and improve scalability.

Copenhagen Infrastructure Partners (CIP) has secured investment from the Scottish National Investment Bank and the Nuclear Liabilities Fund for the 500 MW Devilla battery energy storage project in Fife, highlighting the growing role of large scale storage in maintaining grid reliability as fossil fuel generation declines.

With electricity reaching just 32.5% of its population as of 2023 and rural access barely above 9%, Liberia sits at…

Europe’s electric vehicle transition is increasingly becoming a question not only of transport emissions but of electricity system economics. A new study by Fraunhofer ISI for Transport & Environment (T&E) estimates that weakening EU electric vehicle targets could require the equivalent of 150 additional peaking power plants to compensate for lost flexibility from EV batteries.