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Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.
Marija Maisch
8 hours ago
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Accure raises $16 million, secures 730 MWh of Texas contracts In its next stage of growth, the German company is looking to scale its battery energy storage system (BESS) safety and performance offerings across Europe, Americas and Asia Pacific.
Marija Maisch
Feb 12, 2025
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KPIT, Trentar partner on 3 GWh sodium-ion battery plant The technology transfer agreement includes Trentar investing in a 3 GWh manufacturing facility and KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.
Uma Gupta
Feb 12, 2025
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CATL initiates listing on Hong Kong stock exchange The Chinese battery maker could raise north of $5 billion from its Hong Kong listing. Part of the funds will be used to advance the company's planned manufacturing facility in Hungary.
Marija Maisch
Feb 12, 2025
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BlackRock launches fund for energy storage stocks The global investment giant has launched its iShares Energy Storage and Hydrogen exchange-traded fund (ETF) on the Amsterdam stock exchange. The BlackRock fund will track the Stoxx Global Energy Storage and Hydrogen index.
Max Hall
Feb 12, 2025
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Large battery energy storage by Fluence
Fluence stock plummets almost 50% on slashed guidance The company reported a 49% revenue decline and more than doubled net losses in Q1 FY 2025. A record $5.1 billion order backlog made for welcome reading, however.
Marija Maisch
Feb 12, 2025
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Freyr cancels $2.6 billion gigafactory in Georgia, sells site Estimated net proceeds from the gigafactory site sale are expected to total $22.5 million following repayment of previously received state and local grants.
Marija Maisch
Feb 10, 2025

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akaysha Orana-render
Akaysha lands $650 million to fund 1,660 MWh Orana battery build Australian battery storage developer Akaysha Energy has secured a $650 million debt deal that will accelerate the development of what is to be the largest four-hour battery energy storage system in the Australian National Electricity Market.
David Carroll
Jul 15, 2024
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Battery storage systems
Brazil’s strategic R&D initative helps learn about energy storage integration into the grid A total of BRL 300 million ($ 55.5 million) has been allocated to 20 projects proposed by 13 companies. The Brazilian National Electric Energy Agency (ANEEL) announced the results of the winning projects, which should help inform future integration of energy storage projects.
Livia Neves
Jul 11, 2024
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Grenergy secures financing for two phases of world’s biggest battery project Madrid-headquartered independent power producer (IPP) Grenergy has reached financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in Chile.
Marija Maisch
Jul 10, 2024
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Hornsdale
Australian government to underwrite 1.4 GW of renewables, battery storage projects The Australian federal government will underwrite a minimum of 1 GW new wind and solar projects and another 400 MW/1,600 MWh of storage capacity in South Australia to help the state progress to its net 100% renewables goal by 2027.
Ev Foley
Jul 10, 2024
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caes zw1
320MW/640MWh battery to complement compressed air storage project in the Netherlands The battery development should monetise excess grid capacity and complement the 320 MW compressed air energy storage project developed by Groningen-based long duration energy storage specialist Corre Energy.
Marija Maisch
Jul 08, 2024
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tesla megapack
HMC breaks into battery storage as part of 15 GW clean energy push Australian asset manager HMC Capital has signed an AUD 50 million ($33.77 million) deal to acquire a majority stake in Sydney-headquartered battery project developer Stor-Energy, which is looking to progress 1.4 GW of battery storage projects across Australia.
David Carroll
Jul 08, 2024
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Battery cell prices continue to plummet as lithium prices hit new low The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells was CNY 0.41/Wh ($ 0.056/Wh) in June, posing a challenge to cost control for most cell makers.
Marija Maisch
Jul 08, 2024
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Interview with Trina Storage: We expect consolidation in the coming years In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
Sergio Matalucci
Jul 05, 2024
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Tesla energy storage
In Conversation: How cheap can battery storage get? Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
Marija Maisch
Jul 04, 2024
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