Energy Storage

TotalEnergies has sold a 50% stake in an 800-MW portfolio of battery energy storage projects in Germany to Allianz Global Investors, a Germany-based group that has nearly $640 billion of assets under management.

FlexGen Power Systems, which provides battery energy storage software and services, said it has acquired Clean Energy Services (CES). The companies on April 2 said the acquisition “will create an integrated model that accelerates FlexGen’s project delivery, enhances system performance, and strengthens long-term asset reliability for customers.”

Electric utilities and energy consumers have discovered the benefits of electrification as a way to decarbonize operations and take advantage of more intelligent power systems. The push for decarbonization

Record battery deployments across Europe are masking a growing crisis: assets that are grid-connected but financially idle, stranded by saturated markets and outdated optimization strategies.

The electric sector is standing at a pivotal moment. Utilities are no longer observers in the renewable transformation but instead are becoming direct owners and operators of technologies that were once primarily developed, financed, and managed by third-party developers. Among these technologies, battery energy storage systems (BESS) are moving to the center of long-term generation […]

An Arizona-headquartered developer, owner, and operator of renewable energy projects said construction of another major energy storage project is underway in California.

As part of the country’s strategic program to strengthen the stability of the national grid, Cuba has begun load testing of the first unit of a battery energy storage system (BESS) at the El Cotorro substation in Havana. This is the first of four systems with a total capacity of 200 MW. According to the […]

For much of the 21st century, the North American power sector drifted along on near-zero demand growth. Utilities retired aging coal plants, developers filled interconnection queues with wind and solar, and investors looked elsewhere for excitement. Then came the data center boom—and seemingly overnight, the industry found itself in a full-blown supply crisis. In a […]

Eagle Point Credit Management LLC, a private credit investment manager, said it has provided a $28.5-million senior secured term loan to Heritage Energy Storage DevCo I LLC, owned by Heritage Energy Holdings, LLC, a Texas-based solar and storage developer.

A new report from a leading solar industry group and a top energy data analytics firm said about 43 GW of new solar power generation capacity was added across the U.S. last year.

Clean energy provider Avantus said it has closed a financing package of more than $300 million with Banco Bilbao Vizcaya Argentaria (BBVA) and the New York branch of Canadian Imperial Bank of Commerce for the Kitt Solar and Energy Storage Project in Pinal County, Arizona.

Minnesota Power has signed an electric service agreement (ESA) with Google for the energy needed to power a 700-MW data center project in the state. The companies on March 3 said the installation in Hermantown would operate under an existing regulated rate structure.

U.S.-based Energea in mid-January announced its acquisition of the YO Residence Solar Project, marking a significant milestone as the company’s first microgrid investment and entry into South Africa’s renewable energy market.

Power outages have become increasingly common, and longer in duration, due to extreme weather and temperature events. Behind-the-meter (BTM) batteries are proving their worth, as they have become more than niche devices quietly supporting backup power during storms. These batteries now offer vital support in an increasingly volatile energy ecosystem.

A Texas-headquartered solar power and battery energy storage developer said it has completed construction financing for a utility-scale project being built as part of a joint venture with an Israel-based group.

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, said the company has surpassed $280 million in closed corporate and project capital facilities with national bank Pathward, N.A., and BridgePeak Energy Capital, a renewable energy loan originator and service provider to banks and private credit […]

Construction is underway on a hybrid power station in Queensland, Australia that will support Arrow Energy’s Surat Gas Project (SGP) North. UK-headquartered Aggreko is leading the project, which is designed to show how natural gas and renewable energy can work together in a power generation installation.

Battery energy storage group FlexGen Power Systems said it has launched the latest version of FlexGen HybridOS, its hardware-agnostic energy management system (EMS), designed to unify and simplify the experience for battery storage and solar owners and operators with new capabilities that maximize site performance through real-time data and visibility.

Syntropic Power, formerly known as Emtel Energy USA, has announced its rebrand and the launch of three product lines of short- and long-duration stationary energy storage systems.

Zeo Energy Corp., a Florida-based residential solar installer that acquired struggling concentrated solar thermal developer Heliogen Inc. six months ago, has signed a non-binding memorandum of understanding (MOU) with Creekstone Energy to study the development of 280 MW of generation for a multi-gigawatt data center campus under construction in Millard County, Utah. Under the Feb. […]

Technology group Wärtsilä has been selected by Gramme Storage 1 to deliver a 50-MW/100-MWh battery energy storage system (BESS) in central-eastern Belgium. The companies on February 16 said that the project supports Belgium’s transition toward the use of more renewable energy resources.

A Texas-headquartered energy company with installations in more than 20 states has brought a utility-scale battery energy storage project online in Maine. Plus Power on February 11 said the group’s 175-MW/350-MWh Cross Town Energy Storage facility is now the largest of its kind in New England.

Lunar Energy, a leader in integrated home battery systems and virtual power plant software, announced it raised $102 million in an oversubscribed Series D round led by B Capital and Prelude Ventures. This round follows a previously unannounced Series C financing of $130 million led by Activate Capital.

As global electricity demand surges 40% by 2035 and warming projections worsen, nuclear, geothermal, gas, offshore wind, storage, and fusion must all advance—along with the workforce to build them. The global energy landscape is undergoing its most significant transformation since the Industrial Revolution. Electricity demand is surging at unprecedented rates while the imperative to decarbonize […]

From plunging costs to policy upheaval, the global battery storage sector is transforming grid design—and facing unprecedented challenges. The energy storage industry stands at a pivotal crossroads. On one side, costs are plummeting so dramatically that utility-scale batteries can now deliver solar power around the clock at competitive prices. On the other, regulatory upheaval—particularly in […]

Energy developer Aypa Power, a Blackstone portfolio company that operates utility-scale energy storage and hybrid renewable energy projects, announced the closing of its $1.5-billion construction warehouse revolving credit facility, with an additional $0.5 billion accordion feature.

Energy solutions and products companies LG Energy Solution Vertech and Qcells said they have joined in a multi-year commitment to install energy storage for Qcells’ development projects across the U.S.

Smart adaptation strategies will keep U.S. renewables on track in 2026 amid turbulent landscape. In 2025, the U.S. renewable energy market demonstrated its resilience. Despite setbacks ranging from weather and climate disasters, global trade tensions, and the termination of tax credit eligibility, 92% of new power capacity added to the grid in 2025 came from […]

U.S.-based technology company Baker Hughes said it has a strategic technology solutions and equity agreement with energy storage group Hydrostor. The deal between the companies, announced January 28, integrates Baker Hughes’ technology as part of Hydrostor’s core design offering for the latter’s advanced compressed air energy storage, or A-CAES, solution.

Developers of a new pumped storage hydropower installation in Washington state said the Federal Energy Regulatory Commission (FERC) has issued an operating license for the project. Rye Development, a U.S.-based developer of pumped storage hydropower, and Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Fund CI V, on January 22 said FERC gave the […]