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Grid-scale
Montenegro signs 500 MWh BESS deal with Japanese developer Montenegro utility EPCG's deal with the Japanese company could give its energy storage sector the kickstart it needs. EPCG had to cancel its second storage tender in March after receiving no bids.
Blathnaid O’Dea
May 13, 2026
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Manufacturing
Australian government cuts funding for domestic battery manufacturing, retains subsidy for home batteries Unallocated funds will be pulled and used elesewhere by Australia's government.
David Carroll, Tristan Rayner
May 13, 2026
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Tenders
CEEC’s 7 GWh battery storage cell procurement sees low end prices at $47/kWh China’s latest large-scale battery energy storage cell procurement has established new pricing benchmarks for both ≥314Ah and ≥500Ah lithium iron phosphate (LFP) cells.
Marija Maisch
May 12, 2026
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Sodium-ion batteries
Alsym and Juniper to deploy 500 MWh of US sodium-ion battery storage Strategic agreement will see California-based renewables developer ramp up sodium-ion battery deployment. Deal follows Alsym Energy entering 8.5 GWh partnership with iron flow battery business ESS.
Matthew Lynas
May 12, 2026
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Projects & Applications
India powers up one of its largest standalone battery energy storage system Developed jointly by IndiGrid and EnerGrid, with Gujarat Urja Vikas Nigam Ltd (GUVNL) as the off-taker, the 180 MW/360 MWh project is among India’s largest standalone utility-scale BESS installations at a single location.
Uma Gupta
May 12, 2026
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Finance
Mercom: Energy storage companies raise $2.3 billion in Q1 2026 Venture capital funding increased year-on-year, with a 44% jump in deal count. Project acquisitions grew by 227%, with 7.2 GW in total acquired compared to 2.2 GW in Q1, 2025.
Blathnaid O’Dea
May 12, 2026
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Industry
Ford Energy announces DC block utility-scale BESS based on 512 Ah LFP cells The automotive giant has formally unveiled Ford Energy, its new battery energy storage subsidiary, alongside initial details of its flagship grid-scale energy storage product.
Marija Maisch
May 12, 2026
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Supply chain
US transformer market faces severe supply constraints as lead times extend to four years Severe shortages of power transformers are stalling grid expansion as developers face skyrocketing prices and four year wait times for critical equipment.
Ryan Kennedy
May 12, 2026
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Markets
Mexico’s firm capacity deficit expected to support batteries until 2030 Aurora Energy Research analyst Marvin Gareiss told pv magazine Mexico in an interview that batteries will play a growing role in the Mexican power system, although he warned that storage development still depends on regulatory definitions regarding firm capacity, ancillary services, and remuneration mechanisms.
Luis Ini
May 12, 2026
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