Australian BESS face new financing reality as spreads halve to AU$100/MWh and lenders demand 50-70% contracting amid 15GW deployment surge.

The Michigan Public Service Commission has approved six battery energy storage system (BESS) projects totalling 1,332MW of capacity in the US state.

A 1.6GWh grid-forming battery energy storage system has received EPBC Act approval in Queensland, Australia.

Sungrow has signed an agreement with Romanian energy solutions provider ENEVO Group to supply 1GWh of BESS across projects in Romania.

Iberdrola has added its 360MWh Broadsound battery energy storage system (BESS) to AEMO's Market Management System (MMS).

As battery energy storage systems (BESS) and electric vehicle (EV) infrastructure expand in the US and Europe, a clear contrast is becoming evident in their market growth.

The New South Wales IPC has approved Ausgrid's 400MWh Steel River East BESS located within the Hunter and Central Coast REZ.

5.5GWh of battery energy storage projects have been added to Australia’s Environment Protection and Biodiversity Conservation Act.

The New Jersey Board of Public Utilities (NJBPU) has selected developer and IPP Elevate Renewables’ 600MWh battery energy storage system (BESS) for development in Ridgefield, New Jersey, US.

Enefit, the electricity business of state-owned Estonian utility and power generator Eesti Energia AS, will build three new battery energy storage systems (BESS) in Lithuania, with a combined capacity of 46MW/184MWh.

Eku Energy and Valent Energy have recorded separate milestones in their respective expansions of battery energy storage systems (BESS) in Australia.

With conventional renewable PPA momentum slowing, Europe’s flexibility market soared in 2025, driven by a surge in fixed-offtake agreements and BESS optimization structures. At the same time, co-located storage gained unprecedented traction, signaling a shift toward more integrated and flexible energy solutions.

From ESS News

In a record-breaking year for flexibility in Europe, nearly 12 GW/24 GWh of BESS capacity was contracted under flexibility purchase agreements (FPAs) and optimization agreements, triple the volume recorded in 2024, according to Pexapark’s Renewables Market Outlook 2026. FPAs have emerged as the backbone of BESS bankability, unlocking infrastructure-style capital and enabling rapid expansion beyond Great Britain into Germany, Italy, and the Netherlands.

Contract innovation accelerated, with tolls, floors, and financial structures such as day-ahead swaps becoming mainstream, while new buyer profiles – including traders, insurers, and hedge funds – entered the flexibility market. By contrast, traditional European PPA momentum cooled in 2025 as markets adjusted to lower capture expectations. Total disclosed contracted PPA capacity fell to 13.1 GW across 247 deals, down from 15.3 GW in 2024.

To continue reading, please visit our ESS News website. 

Private equity firm Younan Company has launched an 880MW solar-plus-storage project in California, marking its entry into utility-scale solar PV in the US.

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC Limited, has announced the result of its 250 MW/500 MWh standalone battery energy storage system (BESS) auction. Shreyas Sortex Industries emerged as the successful [...]

The post NTPC announces results of 250 MW/500 MWh standalone BESS tender appeared first on Renewable Watch.

Tonic Group has received federal environmental approval for a 440MWh solar-plus-storage facility in Western Australia in less than a month.

Western Australia's ERA has proposed a Benchmark Reserve Capacity Price of AU$491,700/MW per year for the 2028-29 capacity year.

JIVO Energy has installed Sierra Leone's first hybrid off-grid energy system in Moyamba Town, enhancing rural electrification. Funded by the World Bank and managed by UNOPS, the system combines solar, battery storage, and diesel generators to provide reliable electricity, promoting socio-economic development and reducing reliance on fossil fuels.

The post JIVO Energy Commissions Sierra Leone’s First Hybrid Off-Grid Power System in Moyamba appeared first on SolarQuarter.

India’s 2026 Union Budget promotes the energy storage sector by offering fiscal incentives for lithium-ion battery manufacturing. The extension of customs duty exemptions for related equipment aims to reduce production costs, improve viability, and attract investments. This policy supports renewable energy integration and positions India as a competitive hub in battery technology.

The post Union Budget 2026 Strengthens India’s Grid Storage Ecosystem with Targeted Push for Lithium-Ion BESS Manufacturing appeared first on SolarQuarter.

Tamil Nadu and Kerala have awarded large standalone Battery Energy Storage System (BESS) projects, and the tariff outcomes have surprised many market participants. At a time when the sector has […]

The post ₹1.81 Lakh To ₹3.15 Lakh: Kerala And Tamil Nadu Discover New Benchmarks In Standalone BESS Tariffs appeared first on SolarQuarter.

The Union Budget 2026 prioritizes clean energy, particularly solar power, as central to India's growth strategy. Key allocations support both decentralised and utility-scale solar projects, alongside carbon management and manufacturing initiatives. The budget aims to enhance grid resilience, improve financing, and promote skills development, ensuring a robust and sustainable energy transition.

The post Union Budget 2026: Solar Power Anchors India’s Clean Energy Transition with Focus on Manufacturing, Storage, and Grid Resilience appeared first on SolarQuarter.