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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Turbulent times for US energy storage US President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, dealing a blow to clean energy. The OBBBA kills many of the provisions in the US Inflation Reduction Act that were most impactful for the energy storage industry, and while no one is fully sure what comes next, many are bracing for turbulence.
Phoebe Skok
15 hours ago
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Austria quadruples subsidy budget, approves 9,000-plus applications for solar, storage systems The government had budgeted €12 million ($14 million) for a second funding round but wants to finance successful applications and bring 220 MW new solar and 200 MWh of storage online.
Sandra Enkhardt
18 hours ago
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Ingeteam to hybridize 200 MWh battery storage at four Iberdrola solar sites The grid forming battery energy storage systems (BESS) will add 100 MW/200 MWh of capacity to the Spanish grid.
Pilar Sanchez Molina
19 hours ago
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Dominican Republic tenders up to 600 MW solar, wind with mandatory storage The call, by the Unified Council of Distribution Companies (CUED), will be the first in the nation to require projects to include batteries with storage capacity of at least four hours. The aim is to provide stability to the National Interconnected Electric System (SENI).
Luis Ini
21 hours ago
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The new chapter in energy storage: Why value stacking is the future As the energy storage industry has matured, increasing the number of functional uses and revenue-generating activities has become paramount.
Arun Muthukrishnan
Aug 18, 2025
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Australian plan for new renewables zones could help bring 7.7 GW of energy storage Six new renewable energy zones (REZs) that could help deliver up to 35.2 GW of new solar, wind, and energy storage developments by 2040, form the backbone of the Victorian government’s long-term plan to increase the state’s renewable energy generation as coal-fired power stations close.
David Carroll
Aug 18, 2025
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China Electric Equipment Group awards 7.2 GWh of storage cells in latest tender Winners include Cornex, Trina Storage, and more.
Tristan Rayner
Aug 15, 2025

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India’s battery storage capacity hits 219.1 MWh India’s installed battery storage capacity reached 219.1 MWh at the end of March 2024. A recent Mercom report predicts that the nation will add 1.6 GWh of standalone battery storage and 9.7 GW of renewable projects with storage by 2027.
Uma Gupta
Jul 10, 2024
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Bulgaria’s battery storage market gears up Bulgaria has installed between 40 MWh and 50 MWh battery energy storage capacity to date. However, a new national legislation as well as funds provided through the European Union’s Recovery and Resilience Facility could see the country install another 1 GWh over the next two years.
Ilias Tsagas
Jul 09, 2024
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Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the end of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
Marija Maisch
Jul 09, 2024
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Battery storage deployment in Canada kicks into gear The deployment of battery energy storage systems (BESS) in Canada is picking up the pace, with the announcement of a 705 MWh battery storage system delivery to Nova Scotia by Canadian Solar's e-STORAGE and various other projects in provinces across the country. However, this surge cannot come quickly enough says Energy Storage Canada.
Blathnaid O’Dea, Marija Maisch
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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hughes-road-battery-layout
BayWa seeks Australian government approval for combined 1.2 GWh of big batteries BayWa r.e. is seeking environmental approval for two proposed renewable energy projects in Australia, featuring up to 312 MW of generation and a combined 1.2 GWh of battery energy storage capacity.
David Carroll
Jul 08, 2024
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Gresham House, Thurcroft battery storage site
Gresham House hits 1 GWh battery storage milestone through capacity upgrades  With 1 GWh of battery energy storage system (BESS) capacity, Gresham House's portfolio accounts for a significant proportion of the total UK storage fleet.
Matthew Lynas
Jul 05, 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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