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Enlight raises $2.6 billion for CO Bar solar and BESS complex, reaches financial close
Israeli developer’s US subsidiary Clēnera Holdings secures debt financing for co-located solar and battery energy storage system (BESS) project anchored by a 1 GW AC interconnection can now go ahead. The Arizona project is being developed in five phases.
Jun 30, 2026
General Motors to build sodium-ion batteries for grid-scale storage
US car maker joins battery energy storage system (BESS) market with lithium-ion products expected to enter production imminently through LG partnership. Announces sodium-ion R&D program and plan to ramp up bidirectional capability for GM vehicles. The move follows Ford Motor Company’s decision to repurpose EV manufacturing capacity to build a BESS unit unveiled earlier in 2026.
Panasonic to invest $2 billion in data center battery push, ramp up US manufacturing
New US production line, increased production capacity in Osaka and an expanded footprint in Mexico announced as Panasonic Group targets battery storage demand driven by AI data center expansion. Panasonic plans to triple DC energy storage revenues.
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EDF and Masdar secure 15-year PPA for solar and BESS project commissioned in 2022
Power purchase agreement (PPA) signed for co-located project in California in operation since December 2022. Parties reveal agreement covering solar and battery energy storage system (BESS) exports to California’s grid began on Feb. 1 2026.
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Global battery additions reached 108 GW in 2025, according to IEA
Battery energy storage system (BESS) deployment beats historical peak for gas-fired power additions, according to international Energy Agency (IEA) data. Record year for capacity additions driven by utility-scale battery storage segment.
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