Financial energy storage industry news
Financial energy storage industry news
Energy Storage News | Today''s Latest Stories
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India''s Union Budget ''addresses energy
Minister of Finance Nirmala Sitharaman holds the budget''s iconic red cloth folder in 2021. Image: Gov''t of India Press Bureau. The Indian government''s decision to classify grid-scale energy storage as infrastructure
Fluence lowers 2025 guidance due to contract
Fluence has reported a year-on-year fall in quarterly revenues and lowered its 2025 guidance but sees ''robust'' global demand for battery storage. The US-headquartered energy storage system integrator and renewable
The rise of bankable BESS projects in Europe
As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints
Energy Storage: 10 Things to Watch in 2024
By Yayoi Sekine, Head of Energy Storage, BloombergNEF. Battery overproduction and overcapacity will shape market dynamics of the energy storage sector in 2024, pressuring prices and providing headwinds for
Industry Updates Archive
Sungrow has announced that its residential energy storage system has obtained JET (Japan Electrical Safety & Environment Technology Laboratories) certification, the certified products including its SH5.5RS-JP
Australia: 3.8GWh of energy storage reaches
Large-scale energy storage reaching financial commitment increased 95% year-on-year in Australia in Q3 2024, reaching just under 4GWh. indicates that the challenging economic conditions are beginning to ease
Australia: 11GWh of energy storage reaches
Lightsource bp''s 222MW/640MWh Woolooga BESS in Queensland was the largest BESS to begin construction in Q4 2024. Image: Lightsource bp. Australia''s Clean Energy Council (CEC) has said that energy
Battery Energy Storage System Market: Trends, Competitive
Chicago, June 25, 2024 (GLOBE NEWSWIRE) -- The global Battery Energy Storage System Market Size is estimated to be worth USD 5.4 Billion in 2023 and is projected to reach USD 17.5 Billion by 2028
Market Analysis Archives
The evolving regionality of the UK battery storage market. April 16, 2025. With over 9GWh of operational grid-scale BESS (battery energy storage system) capacity in the UK – and a strong pipeline – it''s worth identifying the
Thermal Energy Storage Market Forecast Outlook 2025
Thermal Energy Storage Market Thermal Energy Storage Market Dublin, Jan. 14, 2025 (GLOBE NEWSWIRE) -- The "Thermal Energy Storage Market - Forecasts from 2025 to 2030" report has been added to
Tesla deployed 14.7GWh of energy storage in 2023
Energy-Storage.news'' publisher Solar Media will host the 6th Energy Storage Summit USA, 19-20 March 2024 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry
Breaking Energy
Breaking Energy Energy industry news, analysis, and commentary Generation; Oil & Gas; Regulation; Dealmaking; Technology; Energy storage tech will be a key factor in the transition to renewables. Share Climate Change, Corporate, Finance, Generation, Infrastructure, Innovation, Oil Prices;
Battery Storage is here: A game-changer for
The market size is now expected to reach 250 Gwh of BESS capacity by 2032 (India Energy Storage Alliance), compared to a modest 0.36 Gwh operational in January.
The Energy Storage Report
The Energy Storage Report Taking stock of the energy storage market in Europe and the US as the buildout accelerates energy-storage.news Market Analysis Tracking the UK and European battery storage markets, pp.8 & 10 Financial and Legal What you need to know about the IRA and tax equity, p.23 Design and Engineering Battery augmentation
Grid Scale Archives
Energy-Storage.news proudly presents our sponsored webinar with NYSERDA on the New York''s journey to 6GW by 2030. Wärtsilä to supply the first utility-scale DC-coupled hybrid BESS on Australia''s NEM
Financial close achieved for 100MWh battery
Nippon Koei is active in battery storage markets in other countries including the UK. Image: Yuso via Twitter. Financial close has been reached for a 25MW / 100MWh battery energy storage system (BESS) project in Belgium
Energy storage 2023: biggest projects, financings, offtake deals
In this piece we bring you the largest projects and deals in the market that Energy-Storage.news has reported on, following our well-received piece looking at 2022.. Readers may note that the headline figures in last year''s selection were all the same size or larger than these, though little if any significance can be drawn from this.
Global Energy Storage Market Records Biggest
Out to 2030, the global energy storage market is bolstered by an annual growth rate of 21% to 137GW/442GWh by 2030, according to BloombergNEF forecasts. In the same period, global solar and wind markets
Energy Storage Rides a Wave of Growth but Uncertainty
This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price
Construction starts on 440MWh of Tesla battery
It is the site of the largest permitted battery energy storage system (BESS) on the continent at 2.8GWh, one of the largest under construction at 800MWh, and two under-construction projects announced last week will add
The Energy Storage Report 2024
Energy storage continues to go from strength to strength as a sector, with the buildout in leading markets like UK and California/Texas accelerating and other states and countries close behind.
News Archives
A news roundup focusing on optimisation specialist Habitat Energy''s recent moves in the industry, FlexGen''s new energy management system feature and a newly announced battery subscription service from
News Archives
''We''re talking 56GW of storage by 2035'': Australia''s Essential Energy confirms V2G tech is market-ready. April 11, 2025. Energy-Storage.News is part of the Informa Markets Division of Informa PLC. Informa;
Ees Europe 2023: Energy storage at Europe''s
More than 80,000 registrants are expected to attend Smarter E, across solar, energy storage, e-mobility and adjacent industries. That large number is not just relating to the fact that after more than three years of a
News & Analysis in Energy Sector | ESS News
European utility-scale battery installations "ramping up" as solar cannibalisation bites, Rystad finds With electricity market volatility increasing in many European countries, the opportunity for battery energy storage is expanding fast. Market analyst Rystad Energy expects battery installations to accelerate as project developers with falling solar capture prices and
Tesla''s energy storage business ''growing like
The company shipped 6.9GWh of battery storage, including its Megapack utility-scale battery energy storage system (BESS) and Powerwall residential units in the quarter. This was about 30% less than the all-time-high
Headwinds in Largest Energy Storage Markets
BloombergNEF expects the energy storage market in 2035 to be 10 times larger than it is today, at 228 gigawatt (965 gigawatt-hours) cumulatively, in its latest outlook. This year will see a massive 76% jump in global storage
Biggest projects in the energy storage industry in 2024
Following similar pieces the last two years, we look at the biggest energy storage projects, lithium and non-lithium, that we''ve reported on in 2024. The industry has gone from
US energy storage in 2021: Notes from a
The US energy storage industry remained "remarkably resilient" during what most of us have found to be a difficult year – to say the least. Energy-Storage.news editor Andy Colthorpe speaks with Key Capture Energy''s CEO
Storage & Smart Power''s Year in Review 2024
While the journal is available to be read in full by Energy-Storage.news Premium and PV Tech Premium subscribers, we also post long extracts of every article here on the website.. In this look back, we kick off with
Europe Archives
Opportunities for commercial and industrial (C&I) energy storage are growing, and customers need safe, reliable battery systems that maximise value throughout their lifecycle, says Cubenergy''s Chris Wu. Energy-Storage.News is part of the Informa Markets Division of Informa PLC. Informa; About Us; Investor Relations;
BNEF finds 40% year-on-year drop in BESS costs
That means costs in 2026 would return back to 2024 levels which could slow down the growth in US energy storage deployments, but the analyst says that even so, BNEF anticipates that the momentum of the country''s
BloombergNEF: Stationary storage installations
BloombergNEF reports that energy storage systems in the U.S. and Europe average around four hours in duration, while that number decreases to two hours in China, which is the world''s largest marketplace.
2H 2023 Energy Storage Market Outlook
Global energy storage''s record additions in 2023 will be followed by a 27% compound annual growth rate to 2030, with annual additions reaching 110GW/372GWh, or 2.6 times expected 2023 gigawatt installations. Targets
Energy Storage News | Today''s latest by
Latest news on energy storage projects, BESS, capacity expansion, and regulatory updates across Europe, US & Canada, Latin America, and Asia Pacific. Discover how energy storage solutions support renewable energy
6 FAQs about [Financial energy storage industry news]
Will energy storage grow in 2023?
Global energy storage’s record additions in 2023 will be followed by a 27% compound annual growth rate to 2030, with annual additions reaching 110GW/372GWh, or 2.6 times expected 2023 gigawatt installations. Targets and subsidies are translating into project development and power market reforms that favor energy storage.
Which countries are leading the global storage market this year?
This year will see a massive 76% jump in global storage installations to 69 gigawatts/169 gigawatt-hours. China leads, while the US stays second. Other main markets are India, Germany, Italy, UK, Italy, Australia and Japan.
How big will energy storage be in 2035?
Overall deployment will still rise every year in the next decade, as other markets rapidly scale up. BloombergNEF expects the energy storage market in 2035 to be 10 times larger than it is today, at 228 gigawatt (965 gigawatt-hours) cumulatively, in its latest outlook.
How many energy storage financing and investment deals were completed in 2024?
Through the first three quarters of 2024, 83 energy storage financing and investment deals were reported completed for a total of $17.6 billion invested. Of these transactions, 18 were M&A transactions, up from 11 transactions during the same period in 2023.
Who are the energy storage associates at bloombergnef?
By Nelson Nsitem, Senior Energy Storage Associate, Yayoi Sekine, Head of Energy Storage, and Andy Leach, Energy Storage Associate, BloombergNEF
How long does energy storage take?
BloombergNEF reports that energy storage systems in the U.S. and Europe average around four hours in duration, while that number decreases to two hours in China, which is the world’s largest marketplace. BloombergNEF expects 71 GW/ 193 GWh of stationary energy storage to be deployed in 2025.
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