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South Korea to invest $223 million in next-generation distributed grid, including ESS
The South Korean government has announced plans to invest KRW 321 billion ($222.6 million) in 2026 to upgrade regional distribution networks, deploy 85 energy storage systems, and expand solar integration while piloting microgrids and market reforms.
EU installs 27.1 GWh of battery storage in 2025 as utility-scale systems drive majority of growth
Utility-scale installations now represent more than half of new capacity in a significant market shift, while residential storage, long the main growth driver, declined due to lower electricity prices and reduced support schemes, a new report from SolarPower Europe finds.
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Brazil’s Brasol to invest $26m in commercial batteries-as-a-service
The director of Brasol's new business unit, Diogo Zaverucha, said the company sees huge pent-up demand for applications that are not yet regulated, and intends to participate in the storage-dedicated capacity reserve auction planned for the second half of the year.
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Brazil installed 269 MWh of energy storage in 2024, Pará the most attractive state
Consultancy Greener has estimated the state of Pará offers the most potential for battery rollout because of its high energy tariff. A report issued by the consultant also highlighted the big savings agribusiness could make by using batteries instead of diesel.
A fork in the road for energy storage
Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Feb 10, 2025
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