The Indian government has announced viability gap funding (VGF) of INR 54 billion ($631.5 million) to support 30 GWh of battery energy storage systems (BESS), allocating capacity among 15 states and the state-owned power producer NTPC. The scheme provides INR 1.8 million/MWh and requires projects to be commissioned within 18 months through competitive bidding.
Sigenergy has deployed a 10 MW/20 MWh battery energy storage system (BESS) at a solar site in Malko Tarnovo, Bulgaria, using 240 kWh battery stacks typically found in residential systems.
US solar developers Soltage, Origis Energy, and rPlus Energies have secured more than $1 billion in financing across three major deals, signaling sustained investor confidence in utility-scale solar and storage despite US policy uncertainty. The transactions back more than 1.4 GW of solar and 1.8 GWh of battery capacity.
Australian battery tech startup Voltavate has secured AUD 850,000 ($535,000) in an oversubscribed pre-seed funding round led by global investment firm Artesian.
Grid companies LEW Verteilnetz and Bayernwerk have launched a pilot project to feed renewable energy into the electricity network in a more grid-friendly manner. One of the energy storage sites to be used in the project will come from Green Flexibility.
Sungrow has launched the PowerTitan 3.0 battery energy storage system (BESS), built around a 684 Ah cell and a fully liquid-cooled silicon carbide power conversion system.
Researchers have designed a novel multigeneration energy system that provides five outputs, namely electricity, hydrogen, cooling, heating, and hot water. The system is mainly powered by a solar heliostat system and incorporates compressed air and pumped hydro storage technologies for storing surplus power.
US solar manufacturing ramped up sharply in the first quarter of 2025, supporting record levels of new capacity as solar and storage made up 82% of additions to the grid. But proposed legislation and rising import tariffs could cloud growth prospects.
THDC India, a subsidiary of NTPC, has commissioned the first unit of 250 MW of a 1 GW variable-speed pumped storage hydropower project in India.
Mining giant Fortescue has secured approval from the Western Australian government for a 644 MW solar farm that will help power its operations in the state’s Pilbara region.
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