Marija Maisch
Saudi Arabia connects 7.8 GWh battery storage project to grid
Saudi Electricity Co. has completed a massive storage project across three sites, enhancing grid stability and renewable integration. Once fully operational, the installation will become the world’s largest battery energy storage system (BESS).
Hungary launches $305 million subsidy for residential battery storage
The Hungarian government says its new HUF 100 billion ($305.4 million) program will support 10 kW home battery systems to boost solar self-consumption and cut evening-peak demand.
EU shift to 15-minute trading supports battery storage profits, says Rystad
Europe’s move to 15-minute spot-market intervals, effective Oct. 1, is altering the economics of battery storage, with Rystad Energy estimating that battery energy storage systems (BESS) profits in some countries have increased by more than 20%.
Poland shortlists 183 energy storage projects for EU funding
Poland’s state environmental fund says developers sought PLN 28 billion ($7.7 billion) for 20 GW and 122 GWh of storage projects – nearly seven times the program’s budget, with 183 projects eligible for funding.
Global lithium-ion battery pack prices fall to $108/kWh, says BNEF
Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).
European energy storage startups raise €2.14 billion in equity funding
European energy storage hardware startups have secured €2.14 billion ($2.5 billion) in equity funding for commercial, industrial, and grid-scale applications, says Avnet Silica. Nearly half of that funding was raised in the past three years, and more than 80% in the last five.
Hungary opens $151 million grant scheme for business energy storage
Hungary’s National Energy Agency has launched a HUF 50 billion ($151.34 million) grant program for businesses to install energy storage systems, including options paired with onsite renewable generation.
Global grid-scale BESS deployment rises 38% through October
Global grid-scale battery energy storage system (BESS) deployments have hit 156 GWh year-to-date. Over 153 GWh are still slated for commissioning in 2025, though delays and cancellations are likely to trim that total by year-end.
Engie completes 800 MWh battery in Belgium, considers expansion
Engie has fully commissioned its 200 MW/800 MWh battery in Vilvoorde, Belgium, and is assessing a potential 100 MW/400 MWh expansion while advancing additional large-scale storage projects.
United States recall targets 25,000 EcoFlow Delta Max 2000 units
The US Consumer Product Safety Commission (CPSC) says EcoFlow is recalling about 25,030 Delta Max 2000 power stations after six reported fires caused more than USD 850,000 in property damage.
