Globally, energy storage project development is increasingly driven by the utility-scale segment, with mandates and targeted auctions driving gigawatt-hour projects in markets like China, Saudi Arabia, South Africa, Australia and Chile.
The United States’ burgeoning utility-scale energy storage market has seen three funding announcements commit $995 million to back another 1,108 MWh of storage capacity in Texas and California.
After record growth in 2024, U.S. battery energy storage systems (BESS) could grow from more than 26 gigawatts (GW) of capacity—enough to power 20 million homes—to anywhere from 120 GW to 150 GW by the end of 2030, depending on the range of projections.
“NSW will invest $1 billion in critical projects to deliver more affordable, clean and reliable energy to homes and businesses across the state,” she said. “After a decade of privatisation, the Energy Security Corporation gives the people of NSW the chance to invest in their energy system.”
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According to Energy Vault, the investment will be provided by a leading multi-billion-dollar infrastructure fund, and is expected to unlock more than $1 billion in capital expenditures …
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Jabil has raised its full-year revenue guidance to $32.4 billion, an increase of $1.1 billion from previous estimates. The company expects AI-related revenue to reach $12.1 billion …
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Masdar to also develop BESS projects in Chesterfield and Cardiff, with combined capacity of 150MW/300MWh Projects represent first stages in £1 billion, 3GWh pipeline of …
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Construction began on the Stockport project in May 2024. Following its acquisition of Arlington Energy in 2022, Masdar committed to investing £1 billion in a 3 gigawatt-hours …
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COPENHAGEN - Ørsted A/S (CPH:ORSTED), a Danish renewable energy company, has divested a 50% equity stake in three of its US onshore solar and battery storage …
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The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world’s two largest markets, the US and China, …
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Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system …
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Masdar has committed to investing £1 billion in a 3 gigawatt-hour (GWh) pipeline of battery energy storage system projects in the UK following its acquisition of Arlington Energy …
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More than 1.1 GWh of energy storage, the majority of it developed alongside solar projects, is due to come online by the end of next year after three more big US funding …
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After record growth in 2024, U.S. battery energy storage systems (BESS) could grow from more than 26 gigawatts (GW) of capacity—enough to power 20 million homes—to …
REQUEST SPECSLatest developments in containerized energy storage technology, project case studies, and industry insights from our team of renewable energy experts.
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