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Grid-scale
Deals for 1.12 GWh of battery energy storage in the U.S. Two more grid-scale batteries in California, and one in Texas, are nearing completion after funding and sale transactions have been closed.
Max Hall
Feb 28, 2025
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Markets
Terna allocates 43 GW in Italian capacity market auction for 2027 On Feb. 26 Terna announced the results of its capacity market auction, allocating 43 GW for the delivery year 2027, for more than €1.847 billion. Industry insiders expects that battery storage projects have accounted for around 900 MW.
Massimiliano Tripodo
Feb 28, 2025
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Offgrid
Brazil installed 269 MWh of energy storage in 2024, Pará the most attractive state Consultancy Greener has estimated the state of Pará offers the most potential for battery rollout because of its high energy tariff. A report issued by the consultant also highlighted the big savings agribusiness could make by using batteries instead of diesel.
Alessandra Neris, Lívia Neves
Feb 28, 2025
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Grid-scale
Major energy storage supply contracts for Trina, Sungrow, Wärtsilä Two of the supply deals concern projects in Australia while Sungrow will sell its PowerTitan and PowerStack products to a solar developer for deployment across Japan.
Max Hall
Feb 28, 2025
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Products
Fronius introduces 15.8 kWh residential solar battery The Austrian manufacturer has launched its first battery system using lithium iron phosphate (LFP) cells. A total of up to four units can be connected in parallel for a capacity of 63 kWh.
Lior Kahana
Feb 28, 2025
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Manufacturing
Tesla to buy site of insolvent battery production equipment maker Manz In addition to physical assets, employees will also be taken on by the German subsidiary of the Californian electric car manufacturer. The operational business of the insolvent Manz AG will not be continued.
Sandra Enkhardt
Feb 28, 2025
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Supply chain
Energy storage prices in Q1 face market stabilization and tariff uncertainty Energy storage prices saw slight declines in late 2024, but a new wave of tariffs and trade rulings is likely to reshape pricing in the months ahead.
Phoebe Skok
Feb 28, 2025
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Industry
Pexapark: European BESS marketplace maturing as sophisticated contracts go mainstream Utility-scale batteries are beginning to “flatten” the renewable energy production curve in parts of Europe, enabled by financial structures such as tolling and floor contracts, reports Power Purchase Agreement (PPA) advisory Pexapark. The Swiss company acquired RenewaFi this week, gaining a foothold in the U.S. marketplace.
Jonathan Gifford
Feb 27, 2025
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Auctions
Norway’s Magnora secures land for 250 MW of Italian battery projects The Norwegian company, which intends to participate in Italy's first MASCE energy storage auction, said “the lack of suitable sites should ensure reasonable margins for developers.”
Sergio Matalucci
Feb 27, 2025
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