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CATL invests $600 million in Chinese data center power business
Battery manufacturer increases investment in Zhongheng Electric shareholder, a data center power system provider in China. The deal sees CATL increase exposure to high-voltage direct current (HVDC) infrastructure as AI sector pursues DC architecture for data centers.
Brookfield, La Caisse acquiring Canada’s biggest BESS developer in $6.5 billion deal
French-Canadian developer behind 1.2 GWh Hagersville BESS agrees to acquisition deal following review and board approval. New owners have pledged to invest in project pipeline for developer with international portfolio of solar, wind and BESS projects.
Why Rhythm Energy turned to Origin’s Kinergy for its Texas VPP ambitions
In a first for North America, the Texas retailer is entering home battery aggregation, using Origin's Kinergy platform that comes out of Australia, along with interoperability specialist Intertrust. Co-founder Matthew Tolliver explains the choices, why residential batteries are the starting point, and the still strong friction in scaling VPPs.
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UK regulator reveals criteria of LDES cap-and-floor scheme
Long duration energy storage (LDES) support scheme will have eight-hour minimum discharge. Stream 1 applications will open to well-established technologies, such as lithium-ion battery technology, with at least 100 MW capacity, with stream 2 technologies including flow batteries, compressed air, and liquid air.
Mar 11, 2025
Australian distributed battery rollout gets political
As a federal election draws nearer, the ways in which much-needed batteries in Australia’s electricity distribution network are incentivised is becoming highly political. With the rollout of community battery projects supported by the federal government underway, industry insiders are hoping that politicians settle on measures that will make distributed battery adoption mainstream.
Tesla lands tax abatement for Texas Megapack factory
County officials have approved a tax abatement for Tesla to build a manufacturing facility for its utility-scale battery energy storage product, Megapack, in the Lone Star State. The final approval is conditional on an agreement with city authorities.
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World’s first battery storage system to provide full active and reactive power services comes online
Blackhillock in Scotland is not only Europe's biggest operating battery storage project. It is also the first one to provide a special set of grid stabilization services, procured under the electricity system operator's Pathfinder 2, while also generating revenues from other critical services.
Terna allocates 43 GW in Italian capacity market auction for 2027
On Feb. 26 Terna announced the results of its capacity market auction, allocating 43 GW for the delivery year 2027, for more than €1.847 billion. Industry insiders expects that battery storage projects have accounted for around 900 MW.
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