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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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Incidents similar to Moss Landing battery fire are unlikely but stricter regulations proposed
Battery safety has come a long way since the construction of the 300 MW first phase of Vistra Energy's Moss Landing Energy Storage Facility in California which caught fire on January 16. From the choice of chemistry, fire detection and supression mechanisms, to stricter codes and standards, the vast majority of today's large-scale battery energy storage systems (BESS) does not have much in common with the affected project deployed in a former turbine hall.
MACSE auction: A game changer for Italy’s energy storage sector
With the first auctions for procuring new storage capacity in Italy expected in the second quarter of 2025, Aurora Energy Research has analyzed the internal rate of return for projects supported by the Energy Storage Capacity Procurement Mechanism (MACSE) and found that in certain cases expected returns exceed 9%, providing a high level of revenue security. However, as Aurora’s Maddalena Cerreto tells ESS News, there are also zones where the expected profitability of merchant investments outcomes the MACSE ones.
500 MWh battery energy storage tender in India
National Hydroelectric Power Corporation (NHPC) is accepting proposals to set up 125 MW/500 MWh of standalone battery energy storage systems (BESS) on a build, own, operate basis in the state of Kerala. Projects will be eligible for central government viability gap funding.
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