Sinovoltaics updates financial stability ranking of energy storage manufacturers
The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.
Surplus solar panels offer timely solution for industry under pressure
Supply chain challenges, subsidies and tariff uncertainties are forcing the solar energy industry to find significant cost efficiencies. As older models of installed solar panels become harder to source, the growing second-life solar market helps industry find replacement panels and other equipment.
India awards 7.6 GW of battery storage in H1 2025
India awarded 5.4 GW of colocated solar plus battery energy storage systems (BESS) and 2.2 GW of standalone BESS to developers in the first half of 2025. This marks the nation’s highest BESS allocation to date, according to a new report by Rystad Energy.
UK developer secures $471 million financing for 536 MW-146 MWh solar, BESS portfolio
British Solar Renewables reached financial close on 12-project solar portfolio with three co-located battery energy storage system (BESS) assets. The GBP 345 million financial package covers 536 MW of PV capacity and 146 MWh of BESS.
In a world of low-cost batteries, performance matters
Oversupply of lithium-ion battery precursor and active materials – and of lithium iron-phosphate (LFP) batteries, especially in China – has driven energy storage system costs down, fueling a record 330 GWh of battery energy storage system (BESS) shipments in 2024. Edward Rackley, head of the energy storage team at Business intelligence specialist CRU, shares his analysis.
Australia approves 250 MW agrivoltaic solar farm in Tasmania
Australia’s federal government has approved a 250 MW agrivoltaic solar farm in Tasmania, following a 20-day review. The landowner-led project is designed to minimize environmental impact and integrate solar generation with agricultural use.
India offers $631.5 million to support 30 GWh of battery storage
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 launches 10 MW/20 MWh of Bulgarian storage using 240 kWh stacks
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.
Salzgitter seeking solar PPA, on-site storage to support green steel shift
A unit of steelmaker Salzgitter AG has launched tenders for a 150 MWp solar power purchase agreement (PPA) and on-site battery energy storage system (BESS) as part of efforts to decarbonize steel production.
France’s Socomec launches battery monitoring software
France’s Socomec has introduced an AI-backed battery monitoring platform to improve maintenance for commercial energy storage systems.
