News
‘Balance between profitability and predictability’: inside Europe’s shift towards tolling offtake agreements in battery storage
2+ hour, 38+ min ago (580+ words) Physical tolling agreements have become increasingly popular in the European battery storage industry, but other forms of offtake agreement are still viable, and can offer closer ties between investor and offtaker. This was a key conclusion to be drawn from…...
'No project above 100MW is fully merchant': Bankability in focus as Energy Storage Summit 2026 kicks off
5+ hour, 12+ min ago (716+ words) How to enable bankability for large-scale battery energy storage system (BESS) projects was the main topic of the opening panel discussion at the Energy Storage Summit 2026, which kicked off today (24 February) in London, UK. The two-day event is put on…...
Lydian Energy secures US$689 million for three US BESS and solar projects
6+ day, 5+ hour ago (425+ words) IPP Lydian Energy has secured US$689 million in financing for two solar projects and a battery energy storage system (BESS) project in New Mexico, Texas, and Utah, US. The full-stack financing is supported by Canadian Imperial Bank of Commerce (CIBC)…...
Gigawatt-hours of investments, tolls, optimisation and platform financing across Europe this week
6+ day, 6+ hour ago (649+ words) Another roundup of European BESS news, this time around portfolios, partnerships, investments, financing, optimisation and tolling in France, Spain, Belgium, Denmark, Finland and Romania. Notable highlights are Grenergy's 10-year BESS toll in Spain and Ingrid Capacity entering the French market....
Battery storage can help establish a new era of European energy resilience
6+ day, 7+ hour ago (889+ words) More needs to be done to cement energy storage's vital role in European energy resilience, writes Teresa Casacchia, head of storage at Baywa r.e. The green energy revolution in Europe is undoubtedly gaining speed. In 2024, the production share of renewables reached…...
New Zealand gentailer Contact Energy eyes US$316 million raise for renewables and energy storage expansion
6+ day, 8+ hour ago (500+ words) Contact Energy plans to raise NZ$525 million (US$316 million) in equity funding to fast-track its Contact31+ strategy for its renewable energy and storage pipeline in New Zealand. The funds will support the development of large-scale renewable energy projects, including a 150MW solar…...
Quinbrook powers up 619MWh Supernode Stage One BESS in Queensland, Australia
6+ day, 8+ hour ago (542+ words) Quinbrook Infrastructure Partners has commenced commercial operations for the 619MWh Stage One of its Supernode battery energy storage system (BESS) project, located at the South Pine substation in Queensland, Australia. The 260MW/619MWh Supernode Stage One is now delivering its full output to…...
Australia commissions 4.9GWh of grid-scale batteries in 2025, matching entire 2017-2024 output
6+ day, 8+ hour ago (685+ words) Australia's Clean Energy Council has said that 2025 saw as many battery energy storage systems (BESS) commissioned as in the last eight years combined. Australia's utility-scale BESS market achieved several milestones in 2025, with the Clean Energy Council's Q4 investment report revealing that…...
Caterpillar VC backs startup ElevenEs as it builds 1GWh LFP cell factory in Serbia
1+ week, 5+ hour ago (832+ words) The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe. Serbia-headquartered manufacturer ElevenEs announced the first closing of a Series B funding round yesterday (16 February), led by…...
‘Greater diversity reshapes expectations’: Women in Energy Storage Network on strengthening and empowering an inclusive industry
1+ week, 6+ hour ago (699+ words) Women in Energy Storage Network (WinES) discusses how the organisation fosters collaboration and leadership, as it works to create an inclusive industry community. " Based in the UK, WinES is a collaborative effort by some of the energy storage sector's leading…...