Tenders
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Australia opens Tenders 8 and 9 for 2.5 GW of solar and wind alongside 12.5 GWh of storage
The state of New South Wales in Australia is rolling out two of the biggest renewable energy tenders in the state’s history, seeking 2.5 GW of new generation capacity in addition to 12.5 GWh of long-duration energy storage.
May 20, 2026
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India awards 10.4 GW of standalone BESS capacity in 2025, but tariff viability remains a concern
India allocated a total of 10.4 GW of standalone battery energy storage system (BESS) capacity in 2025, with 2-hour, 2-cycle systems accounting for the majority of this allocation. Tariffs fell sharply during the year, however.
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India:1.2 GW/1.2 GWh solar, storage tender wraps at average price of $0.041/kWh, another 100 MW/130 MWh solar, storage tender launched
Solar Energy Corp. of India (SECI) has concluded a major solar and storage tender in India, with Acme Solar Holdings, Hero Solar Energy, JSW Neo Energy, and Pace Digitek Infra emerging as winners. Meanwhile, Karnataka Renewable Energy Development Ltd (KREDL) has started accepting bids to set up a utility-scale PV plant coupled with a big battery.
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.
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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.
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.
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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.
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.
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