Markets
Markets ESS News
Markets ESS News

Policymakers are increasingly recognizing the value of energy storage for building a greener, flexible, and reliable energy system. In a growing number of markets, energy policies are being introduced to support both deployment and local manufacturing.

Be it through procurement exercises or other market mechanisms, policymakers have intensified efforts to drive the development and deployment of all energy storage solutions.
However, in most markets, some barriers still exist.

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Latest News

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Argentina’s MSU raises $400 million green bond for storage projects Argentina-based developer MSU Green Energy will use the proceeds from its first international green bond issuance to fund renewable energy and battery storage projects.
Luis Ini
3 hours ago
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Solar-plus-storage microgrids now delivering competitive baseload power Wood Mackenzie presented modeling for Ukraine, Ghana, and the Netherlands showing that 300 MW solar-plus-storage systems can deliver competitive, baseload-like power across very different grid contexts. Across all three countries, hybrid PV-plus-storage consistently outperforms conventional coal and gas in LCOE terms, highlighting faster deployability, strong cost declines, and superior resilience versus long-lead-time fossil infrastructure.
Eckhart Gouras
4 hours ago
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Italy approves 515 MW of battery storage projects Italy's Ministry of Environment and Energy Security has authorized five battery energy storage system projects with a combined capacity of 514.6 MW.
Massimiliano Tripodo
9 hours ago
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Australian state backs battery recycling The Western Australian state government has committed AUD 17.8 million ($12.4 million) to establish solar panel recycling pathways and expand battery collection programs.
Ev Foley
10 hours ago
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Pakistan budget threatens higher duties on batteries and inverters Solar industry campaigns against tax on panels and inverters ahead of proposed hike in budget. Calls for abolition of customs duties on batteries and inverters. The PSA has warned more action is needed to support battery energy storage system (BESS) deployment in a market where solar’s share of the energy mix has grown rapidly.
Matthew Lynas
Jun 10, 2026
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US government restricts trade with prominent Chinese storage companies CATL, BYD, JA Solar, Trina Solar, Three Gorges and Huawei are among those listed under the US Department of Defense's trade restriction, effective from 2027.
Blathnaid O’Dea
Jun 10, 2026
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TBx contracts offer middle ground for European BESS projects New top-to-bottom (TBx) contracts are gaining traction in Europe's battery storage market, offering developers partial revenue protection while allowing them to retain operational control of their assets.
Pilar Sanchez Molina
Jun 10, 2026

All Markets news

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Field of PV and wind mills
Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
Marija Maisch
Jun 14, 2024
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Photo of Vienna
Austria offers €17.9 million to fund storage The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
Sandra Enkhardt
Jun 14, 2024
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People with signed documents for pumped hydro projects
Bulgaria backed by EIB for 1.6 GW of pumped storage  The European Investment Bank (EIB) will conduct economic and technological feasibility studies on two Bulgarian pumped storage hydropower plants due to be operational by 2032. The projects will each add generation capacity of around 800 MW and will both come with a price tag of around €900 ($964) million. 
Blathnaid O’Dea
Jun 14, 2024
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CATL batteries
CATL, Gotion deny US accusations of forced labor US lawmakers have urged for Chinese battery heavyweights CATL and Gotion High-Tech to be immediately added to an import ban list under the Uyghur Forced Labor Prevention Act. Both manufacturers have adamantly denied the allegations.
Marija Maisch
Jun 12, 2024
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Energy Storage Systems
India’s Gensol wins 250 MW/500 MWh standalone battery storage tender Indian EPC provider Gensol Engineering Ltd has won the 250 MW/ 500 MWh standalone battery storage tender run by Gujarat Urja Vikas Nigam Ltd (GUVNL), quoting the lowest price of INR 3.72 lacs ($4,450)/MW/month.
Uma Gupta
Jun 12, 2024
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Screenshot of BESS market in Europe
European battery market growth to drop off amid falling electricity prices The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Marija Maisch
Jun 12, 2024
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Image of pv field and energy storage systems
Australian developer opts for longer battery duration to boost project economics Renewables developer Frontier Energy has boosted the storage duration of its 80 MW Waroona Renewable battery by 12% to 4.5 hours
Ev Foley
Jun 12, 2024
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The Fengning Pumped Storage Power Station, China.
1.4 GW Xiamen pumped storage project connected to the grid The No. 4 unit of the State Grid Fujian Xiamen Pumped Storage Power Station has successfully passed project acceptance, marking the full commissioning of the power station. The project was designed by the East China Survey and Design Institute and built by the China Hydropower No. 14 Engineering Corporation.
Vincent Shaw
Jun 11, 2024
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Entergy's Chicot Solar Energy Center, Chicot County, Arkansas.
Entergy, NextEra Energy Resources join forces on 4.5 GW of solar and storage In the U.S., energy utility company Entergy and the energy provider Nextera Energy Resources have announced a joint development agreement, which the two companies say will accelerate the development of up to 4.5 GW of new solar generation and energy storage projects. 
Carrie Hampel
Jun 11, 2024

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