Energy storage morning news

Why is China promoting energy storage at the 2025 two sessions?

The buzzword “energy storage” at the 2025 Two Sessions underscores China’s strategic focus on building a resilient, sustainable, and diverse energy system, contributing new efforts to a sustainable global future. The country’s progress in new-type energy storage highlights how innovation can drive both economic and environmental progress worldwide.

Which battery energy storage projects have been successful in Western Australia?

2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender. Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.

Is energy storage a good idea for small businesses?

On a smaller scale, energy storage is unlocking new economic opportunities for small businesses. By integrating renewable power with agriculture, individuals can store and supply excess energy, enhancing national grid resilience and diversity while generating profit. China has been a global leader in renewable energy for a decade.

What's going on at the Energy Storage Summit Australia 2025?

NSW’s BESS pipeline, PHES in Tasmania and the ‘home of utility-scale storage’ were discussed at the Energy Storage Summit Australia 2025. ESN Premium discusses the ongoing adaptation of EV battery lines to stationary storage applications with Jaehong Park, CEO of LG ES Vertech.

Does Cypress Creek Renewables have a battery energy storage system?

US renewables developer-operator Cypress Creek Renewables has secured financing for a 200-MW battery energy storage system (BESS) project in Harris County, Texas, the company's bank announced on Tuesday. Energy storage news and updates on battery projects, technology and trends, and other energy storage solutions.

When will a battery energy storage system (BESS) start operation?

The 250MW/500MWh battery energy storage system (BESS), supplied by Trina Storage, is scheduled to commence commercial operations in February 2027. Once operation, it []