Brazilian energy storage hampered by technical challenges, lack of regulation
While Brazil wastes billions of real on curtailment, the electricity sector is demanding urgent action on an energy storage capacity reserve auction which is now not expected until 2026. ‘What is missing is the courage to unlock the market,’ said Greener CEO Marcio Takata.
Chinese PV Industry Brief: Fox ESS, Gold Electronics plan IPOs in Shenzhen
The Shenzhen Stock Exchange (SZSE) has approved a plan by Fox ESS to raise more than CNY 1.6 billion ($223 million) through a share sale, while Hangzhou Gold Electronics has secured clearance to seek up to CNY 850 million for its battery management system (BMS) business.
Enfinity closes $245 million for 22 GW solar-storage portfolio
Enfinity Global has secured a $245 million credit facility expansion to fund development, construction, and operation of its 22 GW solar and energy storage pipeline across the United States.
British and Irish BESS investors make big moves in Japan
Gore Street Capital’s Japanese fund buys its first battery energy storage system (BESS) project, while Ireland’s GridBeyond begins energy trading in Japan with front-of-the-meter asset.
Sonnen launches virtual power plant in Canadian sustainable home community
As a prototype, the Blatchford Lands virtual power plant (VPP) launches with 100 Sonnen batteries across the community, providing nearly 0.5 MW of power and more than 2 MWh of storage capacity to support the Canadian energy grid.
Jinko Solar expects transition phase for PV market to last until 2027-28
JinkoSolar expects the PV market transition to last until 2027-28 due to negative power prices and project delays in Europe. In an exclusive interview with pv magazine, Vice President Europe Frank Niendorf says growth will recover as storage and hybrid systems expand and consolidation progresses.
‘The battery market is far from saturated’
Cornex Chairman Dai Deming discusses battery prices and R&D prospects in an exclusive interview with pv magazine. He says the company’s effective production capacity exceeded 110 GWh in the first quarter of 2025, ranking second in the lithium-ion battery industry.
China Energy Engineering launches record 25 GWh storage tender as prices hit historic low
China Energy Engineering Corporation’s landmark procurement signals a shift toward market-driven energy storage, with bids reflecting aggressive cost-cutting and rising industry consolidation.
Swedish startup testing silicon anode battery material
Sweden-based Green14, a plasma silicon startup, said its silicon-based anode material is being tested by the battery group at RISE, Sweden’s national research organization.
Spain approves legislation to encourage energy storage, flexibility
The Spanish government has approved legislation to strengthen its electricity system following the major power outage the country experienced in April.
