Base Power, a home battery storage startup, secured $1 billion in Series D funding, valuing the company at $13 billion. It's expanding its backyard battery installations, now at 500 MWh, and launched Base Core, a new 39.2 kWh home battery, to meet surging electricity demand in Texas and Illinois.
Global innovators are developing diverse energy storage solutions beyond traditional lithium-ion batteries. Projects in the UAE, UK, US, Denmark, Finland, and Japan are exploring liquid air, molten salt, sand, and even human sweat to power homes, industry, and wearable tech, addressing critical mineral concerns and enhancing grid stability.
Delhi's power regulator DERC has approved BSES Rajdhani Power Limited's plan for five battery energy storage systems, benefiting over 2.5 lakh residents. The project aims to boost grid reliability and renewable energy integration, with projected annual benefits exceeding ₹88 crore.
NTPC is investing ₹5,000 crore to install 5 GWh of battery storage at its coal power plants to absorb excess solar and wind energy, reducing renewable curtailment. The CERC has approved a tariff structure for these projects.
Adani Green Energy is constructing a 14 GWh battery storage system in Khavda, Gujarat, to combat clean energy wastage. The company aims to expand storage to 50 GWh within five years, addressing India's significant loss of renewable power due to insufficient storage infrastructure.
The UK's National Energy System Operator (Neso) has offered grid connections to over 700 clean energy projects, clearing a two-year backlog and enabling nearly 60% of schemes needed for 2030 targets. Reforms prioritize "shovel-ready" projects, boosting investor certainty and aiming to lower energy bills.
Mikro MSC Berhad and Hong Kong Cospower Technology Co Ltd (HKCT) have signed a two-year agreement making HKCT Malaysia's exclusive strategic partner for utility-scale battery energy storage system (BESS) projects. The deal aims to address solar power storage challenges and aligns with global trends in battery manufacturing expansion and supply chain diversification.
Europe is expanding large-scale battery storage quickly, but current capacity still falls far short of what is needed to support climate goals. The article says better grids, lower battery costs and secure raw-material supply will be decisive.
The U.S. and Israeli conflict with Iran is accelerating Asia's shift to electrification, particularly electric vehicles and battery storage systems. The potential loss of around 10 million barrels per day of crude and 20% of global LNG supplies from the Middle East is driving unprecedented growth in EVs, especially two- and three-wheelers, and battery energy storage systems across Southeast and South Asia.
US clean energy installations are forecast to hit another record this year – and account for the vast majority of new power additions – despite facing policy opposition from the Trump administration, according to a trade industry report. The nation’s power sector is expected to add about 60 gigawatts of solar, battery storage and wind capacity in 2026, the American Clean Power (ACP) Association said in its annual market assessment published on Tuesday. That is up 20 per cent from over 50...
GAIL India, the country's largest gas distributor, plans to invest Rs 3,294.86 crore in a 600 MW greenfield solar power project with a 550 MWh battery storage system in Uttar Pradesh, marking a significant expansion of its renewable energy portfolio.
