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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Tata Power secures 324 MW/2,592 MWh pumped storage contract in India Tata Power will provide 2,592 MWh of pumped hydro storage capacity from its 1 GW Bhivpuri project in western India under a 40-year energy storage services deal.
Uma Gupta
14 hours ago
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Spain awards €165 million for 2 GW pumped storage projects The Spanish government has awarded €165 million ($188.4 million) to seven reversible pumped hydro projects that will add more than 21 GWh of storage capacity across six regions.
Pilar Sanchez Molina
15 hours ago
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Australia adds record 9.1 GW of solar, wind and battery capacity Australia’s energy market operator says the past financial year was the best yet for the completion of large-scale renewable energy projects in the country, with a record 9.1 GW of new generation and storage capacity reaching full output.
David Carroll
16 hours ago
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China targets battery and solar overcapacity with new consumption taxes China will introduce new consumption taxes on batteries and PV cells from September 2026 and April 2027, alongside stricter energy efficiency standards aimed at reducing manufacturing overcapacity, promoting advanced technologies, and favoring more competitive, higher-efficiency producers.
Emiliano Bellini
Jul 17, 2026
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Mexico’s Hidalgo PV-storage pipeline remains intact after Tulancingo exit Mexico’s Hidalgo state government says the withdrawal of the environmental permit process for the 118.88 MW Tulancingo solar project does not affect three other PV-plus-storage projects with combined permits for 117.78 MW/358.45 MWh of battery capacity.
Luis Ini
Jul 17, 2026
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Argentina approves $709 million lithium expansion project Argentina has approved a $709 million investment by China-backed Liex to expand lithium carbonate production at the Tres Quebradas project in Catamarca, adding 40,000 metric tons (MT) of annual capacity.
Luis Ini
Jul 17, 2026
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kehua semi-solid
China’s battery boom pivoting from scale to utilization, says Ember China's battery storage sector is shifting from mandate-driven expansion toward a more market-driven phase as the country targets 300 GW of new energy storage by 2030, according to a new report from energy think tank Ember.
Brian Publicover
Jul 17, 2026

All Markets news

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Battery energy storage system
Indian state tenders 1 GWh of batteries Up to 30% of battery energy storage system (BESS) capital cost, or $31,000 per megawatt-hour of storage capacity, will be available in central government funding for the projects, in Tamil Nadu.
Uma Gupta
Mar 17, 2025
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China scraps energy storage mandate for renewable energy plants In a major policy shift towards electricity market liberalization, China has introduced contract for difference (CfD) auctions for renewable energy plants and removed the energy storage mandate, which has driven up to 75% of the nation's demand to date. S&P Global expects the move to reverberate throughout the global battery energy storage supply chain, further driving down prices that are already at historically low levels.
Marija Maisch
Mar 14, 2025
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Philippines issues terms for renewables auction with storage Pairing solar plants with battery energy storage systems (BESS) will be the main strategic focus for the country's upcoming renewable energy auction. Each project must have a minimum storage duration of four hours to ensure sufficient grid support and energy reliability.
Blathnaid O’Dea
Mar 14, 2025
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Mexico defines role of energy storage in National Electric System with 8.5 GW in the pipeline The administrative provisions regulating the integration of EES into the National Electric System are in effect as of Monday. The incorporation of 8,412 MW of energy storage systems is planned for the 2024-2038 fiscal year.
Pilar Sanchez Molina
Mar 14, 2025
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Australian home batteries charge ahead, with VoltX recording a 500% uptake spike VoltX Energy has reported seeing a record 500% spike in demand for residential solar battery storage in the past 12 months, expanding from New South Wales into Queensland and the South Australian markets, to keep up with demand.
Ev Foley
Mar 14, 2025
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Enervis BESS Index: What revenues can and could be achieved with large battery storage systems in Germany With the large-scale battery storage market in Germany on the cusp of a rapid expansion, consultancy Enervis is examining how revenues have evolved recently and what the future holds.
Jonas Anthonioz, Mirko Schlossarczyk
Mar 13, 2025
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UK T-4 auction paves the way to nearly 7 GW of new BESS capacity by 2028 Out of the 6.9 GW of battery energy storage systems (BESS) prequalified, which translates into 1.9 GW derated capacity, around 1.8 GW of derated BESS secured 15-year contracts in the UK's T-4 auction. This is nearly two time more than the volume procured last year. Only a week earlier, a record for BESS procurement was also set in the T-1 procurement.
Marija Maisch
Mar 13, 2025
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Ark, Hanwha ink supply deal for 2.2 GWh BESS in Australia Ark Energy, the Australian subsidiary of Korea Zinc Company, has signed a supply agreement with Hanwha Energy for the battery energy storage system at Ark’s proposed Richmond Valley hybrid solar battery project in the state of New South Wales.
Ev Foley
Mar 13, 2025
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GreenGo gets green light for 80 MW of battery storage in Italy It took two years for the Bologna-based independent power producer (IPP) to secure the approval for two battery energy storage projects in southern Italy. GreenGo plans to use these projects to participate in the upcoming MACSE auction.
Sergio Matalucci
Mar 12, 2025

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