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Foss & Company closes $58 million tax equity deal for GridStor's 150 MW Gunnar BESS in Texas

Foss & Company closed a $58 million partnership flip on 7 October 2026 to finance GridStor's 150 MW / 300 MWh Gunnar Reliability Project in Hidalgo County, Texas, due in service this month.

14 Oct 2026
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DLA Piper survey finds merchant BESS appeal at 63% in Singapore and 53% in Australia, against just 22% in Japan

A DLA Piper report on Japan, Singapore and Australia finds merchant BESS appetite split sharply by market structure, with regulatory certainty and grid access driving the divide.

14 Oct 2026
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Marinus Link turns first sod at Heybridge as Tasmania's 750 MW Bass Strait cable enters construction

Construction has formally begun on Marinus Link's 750 MW HVDC interconnector after a sod-turning ceremony at Heybridge, Tasmania on 2 October 2026, backed by AU$5 billion in public finance.

13 Oct 2026
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Wärtsilä's energy storage arm becomes Valo in 50/50 joint venture with RCT Solutions

Wärtsilä closed its energy storage joint venture with Germany's RCT Solutions on 1 October 2026, creating Valo - a utility-scale BESS integrator with 20 GWh across 130 projects.

13 Oct 2026
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Beijing freezes approvals for new energy storage battery factories as planned capacity hits 1.5 times 2025 output

China's MIIT halted greenfield ESS battery factory approvals in May 2026, with ~100 new projects already announced carrying 2,608 GWh of planned capacity - nearly 1.5 times last year's total output.

13 Oct 2026
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Storage

OptiGrid says BESS optimisers need six months of onboarding before go-live, and is building a portfolio-level product to stop assets cannibalising each other

OptiGrid CEO Sahand Karimi says battery storage optimisers need at least six months before go-live to configure SCADA integration and trading strategy, and has disclosed a second product to manage portfolio-level revenue conflicts.

9 Oct 2026
Storage
Storage

Ready-to-build BESS projects lose their premium as Australia's NEM arbitrage spreads collapse 85%

Panellists at the Battery Asset Management Summit Australia 2026 said the venture-capital-style returns that once rewarded ready-to-build BESS projects have disappeared as NEM price spreads fell 85% in a year.

10 Sept 2026
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BW ESS asset manager flags spare parts containers as overlooked theft risk at Australian BESS sites

A BW ESS asset manager and an Energy Safe Victoria regulator told the Battery Asset Management Summit Australia 2026 that copper theft and unsecured spare parts are a growing risk at grid-scale BESS sites.

7 Sept 2026
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DeltaX to build $141 million BESS assembly plant in Monroe, Georgia

Seoul-based DeltaX will invest $141 million in a 100,000 sq ft BESS assembly facility at Piedmont Regional Industrial Park in Monroe, Georgia, creating roughly 250 jobs.

21 Aug 2026
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Huawei raises liquid-cooled charging to 800 A and cuts grid connection requirement to 50 kW with new DC ESS solution

Huawei Digital Power unveiled an 800 A liquid-cooled DC charging dispenser and a DC ESS+Charger solution at Power2Drive Europe 2026 in Munich, requiring as little as 50 kW of grid connection.

19 Aug 2026
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ESS Tech's Q2 net loss widens 41% to $15.6 million as cash falls to $5.6 million and going concern doubt emerges

ESS Tech reported a $15.6M Q2 2026 net loss and near-zero revenue on 11 August, disclosed going concern doubt, and signed a non-binding $515M business combination LOI alongside its sodium-ion pivot.

16 Aug 2026
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Limes Renewable Energy reaches ready-to-build stage on its 200 MW / 1 GWh Huañil BESS in Chile's Coquimbo region

Italian developer Limes Renewable Energy has reached ready-to-build status on its 200 MW / 1 GWh Huañil BESS in Salamanca, Coquimbo - its first RTB project outside Italy.

16 Aug 2026

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