BYD surpasses 1.5 million residential storage systems worldwide
BYD says global installations of its BatteryBox residential energy storage systems have increased by 500,000 since June 2024, lifting the total past 1.5 million worldwide.
Poland allocates subsidies to 14.5 GWh of energy storage projects
Poland has awarded public support to 172 large-scale battery storage projects totaling 14.5 GWh, with construction required to be completed by the end of 2028.
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).
US energy storage installations surpass 2024 total by Q3 2025
US energy storage deployments exceeded full-year 2024 levels within nine months, led by utility-scale projects and sustained residential growth, according to industry data.
South Korea sets 3.5 million heat pump target in national decarbonization push
The South Korean government says it will deploy incentives, legal changes and industry backing to scale heat pump adoption nationwide, aiming to cut emissions from fossil fuel–dependent heating by the mid-2030s.
Germany brings world’s first supercapacitor STATCOM online
Germany has connected the world’s first supercapacitor-based STATCOM to the grid, with Siemens Energy and transmission system operator TenneT positioning it as a blueprint to replace fossil-fuel generators in providing instantaneous reserve and reactive power.
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.
Batteries now cheap enough to make dispatchable solar economically feasible
Energy think tank Ember says utility-scale battery costs can now achieve a levelized cost of storage of $65/MWh outside China and the United States, enabling solar power to be delivered when needed.
India’s Trontek enters home storage market with new lithium systems
Trontek has entered India’s residential energy storage market with its Powercube 1.4 kWh and 2.7 kWh lithium-ion systems for solar and grid backup.
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.
