Market intelligence firm Rho Motion, the downstream arm of Benchmark Mineral Intelligence, says it tracked nearly 9 GWh of new global battery energy storage system (BESS) capacity entering commercial ...

An aerial photo is showing the largest energy storage 400MW project in Shandong province in Zaozhuang City, China, on March 10, 2024. The ultra-long life battery being used in this project employs ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. As the global energy system adds more intermittent renewables, ...

Global battery storage capacity surged to 375 GWh in 2024, led by China and the U.S., and is projected to rise ninefold by 2040. Falling costs and new technology are making storage projects more ...

From plunging costs to policy upheaval, the global battery storage sector is transforming grid design—and facing unprecedented challenges. The energy storage industry stands at a pivotal crossroads.

Industry Insight from Reuters Events, a part of Thomson Reuters. As battery manufacturing spreads and prices soften, developers are diversifying supply and implementing new deployment strategies to ...

In February 2025, BYD signed what it called the largest grid-scale battery storage deal ever: a 12.5-gigawatt-hour contract with Saudi Electricity Company spanning five sites across the kingdom. That ...

Turning cheap daytime solar into electricity you can actually use at night just got a lot cheaper. A new analysis from energy think tank Ember shows that utility-scale battery storage costs have ...