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Canadian Solar subsidiary inks 2.5 GWh BESS deal for US data center support
E-storage will supply battery energy storage system (BESS) to major US utility with shipments expected to start in March 2027. Parent firm Canadian Solar says supply will “supporting data center grid infrastructure and resiliency.”
“MACSE price levels were driven by bearish battery cost expectations. The market reality today is very different.”
“You can’t work miracles, so the problem remains — there will certainly be an impact for everyone,” Gabriele Buccini, head of Utility Storage at Trina Solar, told pv magazine Italia, referring to market volatility and the risks facing BESS manufacturers, which are now operating in a very different market environment than just six months ago.
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Europe’s energy storage fleet reaches 89 GW
The fleet of energy storage projects in Europe, including both pumped hydro and battery energy storage systems of all sizes, is expanding rapidly. This growth is set to continue at a strong pace through 2030, fueled by technological advancements, supportive policies, and other key factors.
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Hithium files for Hong Kong listing as global demand for energy storage surges
Chinese battery maker Hithium has filed for a Hong Kong listing, aiming to capitalize on the booming energy storage market. With a rapid rise in shipments and strong revenue growth, the company seeks to expand its production capacity, enhance R&D, and accelerate global expansion.
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Polish utility plans to add 10 GWh of energy storage projects by 2035
Polish utility PGE Group is planning to add more than 80 energy storage facilities through to 2035 to the tune of PLN 18 billion ($4.7 billion). One of these will be the 981 MWh Zarnowiec battery energy storage project, which will be supplied with locally produced LG Energy Solution's grid-scale systems.
German home battery sales collapse but larger systems on the rise
German energy storage sales are shrinking, especially home systems, but commercial and industrial (C&I) and utility-scale numbers are rising and the Federal Association of Energy Storage Systems (BVES) wants faster permitting and better regulation.
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