Portland General Electric (PGE) has completed three utility-scale lithium-ion battery energy storage systems (BESS) projects with a total capacity of 475 MW and over 1.9 GWh of dispatchable energy. The projects, located at key substations in North Portland, Troutdale and Hillsboro, are designed for four-hour operation and can supply electricity to about 300,000 homes during peak demand or supply disruptions.
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Energy Vault has signed an agreement with Consumers Energy to deliver two battery energy storage system (BESS) projects totalling 75 MW/300 MWh in Michigan. The projects will be located in Iosco and Bay counties. Battery deliveries are scheduled to begin in the fourth quarter of 2025. Construction will begin in the first quarter of 2026, and commercial operations will commence by the fourth quarter of 2026.
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Arevon Energy has commenced construction on the Nighthawk Energy Storage Project in Poway, California. The standalone battery energy storage system (BESS) will have a capacity of 300 MW/1,200 MWh and will support grid reliability by supplying power during peak demand for up to four hours daily. The project is being developed, owned, and operated by Arevon at an estimated cost of $600 million.
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Sermatec has secured a 430 MWh energy storage project in Bulgaria. Sermatec will deliver a full-lifecycle energy storage solution, with the system designed to charge during off-peak hours using low-cost electricity and discharge during peak hours, benefiting from time-of-use pricing. The project is expected to be delivered by December 2026. Grid connection and operation are expected by March 2026.
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Iberdrola España and Mercadona have signed long-term power purchase agreements (PPAs) for over 300 MW of wind and solar energy projects in Spain. The renewable power from these projects will be supplied to Mercadona’s logistics centres and supermarkets. The companies aim to strengthen their collaboration through the long-term PPAs and to further support the electrification of their operations.
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New York has launched bulk energy storage request for proposals (RFP). The initiative aims to procure 1 GW of bulk energy storage as a part of the state’s 6 GW energy storage roadmap. The solicitation is being administered by New York State Energy Research and Development Authority (NYSERDA) via its Bulk Energy Storage Program. The Bulk Energy Storage Program by NYSERDA employs the Index Storage Credit (ISC).
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Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. The agreement marks India’s first load-following PPA, designed to align energy supply with the hourly demand profile of discoms. Furthermore, the project is Vena Energy’s first integrated wind-solar-storage project in India.
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Apatura has secured planning consent from the Scottish government’s Energy Consents Unit. The approval is to build a new grid scale battery energy storage system (BESS). The storage system will have a capacity of 560 MW/1120 MWh and will be situated in Scotland. Further, with this approval, the company now has secured permission to build a combined total of over 2.1 GW in electricity storage capacity across central Scotland.
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Xcel Energy has announced a portfolio of new power projects. The projects will help in meeting the increasing energy demands of the company’s Texas and New Mexico service area. The portfolio consists of extensions of 521 MW of existing generation along with the addition of 17 new power projects. By 2030, the new power projects will add 5,168 MW of nameplate capacity to the region’s generation fleet.
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Eneco and EP NL have joined forces for a large-scale battery project at Enecogen’s Europoort power plant in which both companies have a 50 per cent share. The project will have a 50 MW connection capacity and a 200 MWh energy storage capacity. The battery is to be put into operation in 2027. The responsibility for maintenance and operations will be overseen by Enecogen. Furthermore, EP NL and Eneco trading departments control the battery.
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Envision Energy and FERA Australia have inked an agreement to develop large-scale hybrid renewable energy projects across Australia’s National Electricity Market (NEM). The projects will have the potential to deliver upto 1 GW of wind generation capacity and 1.5 GWh of battery energy storage. The partnership between Envision Energy and FERA Australia will launch with a pilot project in Victoria
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The Minnesota Public Utilities Commission has approved two solar projects with a combined capacity of over 475 MW. The projects are the Iron Pine solar project and the Northern Crescent solar project. The Northern Crescent solar project will consist of a BESS system, which will be housed in a 3.2 acre facility using lithium iron phosphate battery technology. The Iron Pine solar project received a site permit for a 325 MW solar energy facility in Pine County.
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Battery storage adoption is accelerating in Pakistan’s residential, commercial, and industrial sectors, driven by high electricity costs and declining solar component prices. Consumers are combining solar with Battery Energy Storage Systems (BESS) to reduce grid dependence, lower energy bills, and improve reliability. This trend is expected to continue as battery economics improve. Solar with BESS has a payback period of 3-5 years in Pakistan’s residential sector despite a 48% cost increase from surcharges and duties on lithium-ion batteries.
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Lydian Energy has secured $233 million in project financing to support three battery energy storage system (BESS) projects in Texas’ ERCOT power market. ING and KeyBank backed the financing. The three projects are Pintail, Crane, and Headcamp, having a combined capacity of 550 MW. The projects are currently under construction and are expected to be placed in service in the fourth quarter of 2025.
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AMPYR has successfully achieved financial closure for the Wellington Stage 1 battery energy storage system (BESS) project in regional New South Wales (NSW). The Wellington Stage 1 BESS, with a capacity of 300 MW/600 MWh is expected to be operational by 2026. Grid connectivity will be facilitated by Lumea, which will connect the system to Transgrid’s 330 kV transmission network at Wellington. The project will be built and delivered by Fluence Energy.
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Recurrent Energy has reached commercial operations of the Papago Storage facility. The facility has a capacity of 1,200 MWh and is situated in Maricopa County, Arizona. Furthermore, the project is the first of three Recurrent Energy projects with tolling agreements in place with APS to become operational. Together, the three projects will provide 1,800 MWh of battery storage capacity and 150 MWac of solar generation.
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Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.
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HyperStrong and Repono have partnered for 1.4 GWh of grid-scale energy storage projects across Europe by 2027. The partnership will utilise the complementary skills of the two companies required for the rapid, large-scale deployment of electricity storage.Furthermore, under the agreement, the companies will engage in joint planning and project reviews, including technical and commercial alignment on identified pipeline projects.
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China Energy Engineering Corporation (CEEC) has launched an auction for 25 GWh of lithium-iron phosphate battery systems. The tender launched by CEEC is structured into three packages totalling 25 GWh. It covers systems with durations of one, two, and four hours. Package one consists of one-hour systems with a capacity of 3 GW/3 GWh. The bids for one-hour systems ranged from CNY 0.673 to CNY 0.89/Wh, with an average bid of CNY 0.7863/Wh.
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Arevon Energy has secured the closing of a $600 million credit facility with an option to increase up to $850 million. The facility will enable the company to expand its development portfolio of solar and energy storage assets across US. The facility consists of a $350 million revolving loan and letter of credit facility and a $250 million project letter of credit facility. Furthermore, the facility also consists of provisions for green loan reporting and sustainability linked metrics.
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