Energy Storage

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Levelized Cost of Solar-Plus-Storage Fell to $54-82/MWh in 2025: IRENA

Firm-levelized cost of energy (LCOE) for solar plus storage solutions fell to $54-82/MWh by 2025 in high-irradiance solar regions and strong wind corridors globally from...

May 19, 2026

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Melvin Mathew

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Energy Storage

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Markets & Policy

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Solar
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Elong Power Holding Closes $6 Million Public Offering

Elong Power Holding, a company that provides lithium-ion battery solutions for energy storage systems and electric vehicles, has announced the closing of its $6 million...

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MENA Weekly Round-Up: Abu Dhabi to Top Solar Capacity Additions by 2035

According to the Emirates Water and Electricity Company, Abu Dhabi will lead solar capacity additions in the United Arab Emirates (UAE) in 2035. Abu Dhabi’s solar...

May 19, 2026

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Melvin Mathew

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Energy Storage

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Solar
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Automation, Higher Deliveries Send Eos Energy Q1 Revenue Soaring

U.S.-based energy storage solutions provider Eos Energy Enterprises posted revenue of $57 million in the first quarter (Q1) of 2026, up 444.7% year-over-year (YoY) from...

May 19, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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Japan Awards 1.2 GW of Battery Storage Capacity Under Decarbonization Program

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has announced the results for the FY 2025 Long-Term Decarbonized Power Source...

May 18, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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GERC Approves Tariffs for 335 MW/670 MWh Energy Storage Projects

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹210,000 (~$2,179.66)/MW/month to ₹212,000 (~$2,200.42)/MW/month for Gujarat Urja...

May 18, 2026

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Parth Shukla

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Energy Storage

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Market & Policy
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NLC India Announces Winner of 250 MW/500 MWh EPC Battery Storage Auction

NLC India has announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s...

May 18, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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PSPCL Announces Winners of 1 GWh Battery Energy Storage Auction

The Punjab State Power Corporation (PSPCL) has announced the winners of the 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction. Stockwell Solar...

May 15, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Tamil Nadu Regulator Approves Tariff for 500 MW Pumped Storage Project

The Tamil Nadu Electricity Regulatory Commission (TNERC) has adopted the tariff discovered for Tamil Nadu Power Distribution Corporation’s (TNPDCL) procurement of 500 MW...

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GRID India Suggests Stability Safeguards for Battery Storage Projects

The Grid Controller of India (GRID India) has suggested to the Central Transmission Utility (CTUIL) that all new battery energy storage systems (BESS) above 50 MW be...

May 13, 2026

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B.S. Nagaraj

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Energy Storage

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Market & Policy
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Sunrun Q1 2026 Revenue Rises 43%, Beats Analyst Estimates of $688 Million

U.S.-based residential solar and battery storage provider Sunrun reported a revenue of $722.2 million in Q1 2026, increasing 43% year-over-year (YoY) from $504.3 million....

May 13, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Grenergy Secures $268 Million Financing for Solar and Storage Project in Chile

Spanish clean energy producer Grenergy has closed a $268 million senior non-recourse financing agreement for the Monte Águila solar and energy storage project in Chile....

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EU Trails 2030 Climate Goals as Solar-Storage Offers Fastest Fix: Report

Accelerated deployment of solar systems combined with battery energy storage systems (BESS) offers the fastest and most cost-effective pathway for the European Union to...

May 12, 2026

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Meghana Prasad

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Energy Storage

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Solar
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ESA Sells 150 MW US Battery Energy Storage Project to Ørsted

ESA Solar Energy, a solar and energy storage project developer, has sold the 150 MW Salzburg battery storage project in Michigan, U.S., to renewable energy company...

May 11, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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SolarEdge’s Q1 Revenue Rises 41.5% YoY on Higher Inverter and Battery Shipments

Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026, a 41.5% year-over-year (YoY) jump from $219.5...

May 8, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A

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