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Why BESS insurers are sweating transformers and contractor errors over battery fires
The BESS insurance risk profile is shifting. In an exclusive interview, Tokio Marine GX underwriter Michael Carrington explains why insurers are looking past battery fires and sweating over supply chain bottlenecks, high-voltage transformers, and costly EPC integration errors.
Mar 20, 2026
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Greenlit ESS: Form Energy scores Irish win with 1 GWh iron-air battery to come online in 2029
United States-based Form Energy will deploy its iron-air multi-day battery technology at the Ballynahone Energy Storage project in northwest Ireland. The battery's Irish developer said Ireland's first iron-air battery will ease renewable curtailment and stabilize the national grid.
Greece: 12 GW+ of merchant batteries wait for the green light as curtailments escalate
Investors have submitted applications for 12.15 GW of utility-scale, standalone merchant battery storage projects in Greece, far exceeding the 4.7 GW the country plans to approve. But with wrestling over financing and key policy details still unresolved, the path to construction remains unclear.
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Merchant battery storage operations in India became profitable for the first time in 2024: Ember
New battery projects commissioned in 2025 could deliver internal rates of return (IRR) of 17% by operating in power exchanges, owing to falling upfront costs and rising revenue potential, says the Ember report.
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UK battery storage funding: Pulse Clean Energy, AMP Clean Energy secure combined £270 million in new investments
Two leading names in the United Kingdom’s battery storage sector, AMP Clean Energy and Pulse Clean Energy, have secured fresh capital to accelerate storage rollout and facilitate builds across the country.
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