EDMONTON, Alberta, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) is pleased to announce that its 120-MW York Battery Energy Storage System (“BESS”) and 50-MW Goreway BESS projects (“the projects”) have successfully achieved commercial operations. A leader of Ontario’s BESS development, Capital Power delivered both projects on time, under budget and with an excellent safety record. Combined, both projects will add roughly $35 million in contracted annual EBITDA for ...

Canadian Solar Inc. (NASDAQ:CSIQ) is among the most undervalued solar stocks to buy now. According to a Marketbeat report, Canadian Solar Inc. (NASDAQ:CSIQ) has been given an average rating of “Hold” by seven brokerages, out of which the stock holds two “Sell”, three “Hold”, and two “Buy.” Earlier on September 11, 2025, Canadian Solar Inc. (NASDAQ:CSIQ) announced its recognition as a Tier 1 PV module and Battery Energy Storage System supplier in S&P Global Commodity Insights’ inaugural 2025 Tier 1 Cleante ...

The gains come after both stocks shed nearly 30% over the past three months, erasing much of the optimism that greeted Ambani’s corporate comeback earlier this year. Over the past year, Reliance Power has remained higher by 52% and Reliance Infra by 20%, but that is a sharp comedown from May peaks, when the two had rallied 173% and 141% respectively over 12 months.Technical signals mixedFrom a technical standpoint, Reliance Infra remains under pressure. The stock trades below seven of its eight key simple ...

Core Viewpoint - American Water Works (AWK) is enhancing its infrastructure by installing battery energy storage systems (BESS) in high-risk areas of California to improve reliability and emergency preparedness [1][2]. Company Initiatives - California American Water, a subsidiary of AWK, is implementing its first BESS at the Sierra Lakes Water Treatment Plant in Hillview, demonstrating a commitment to safeguarding water services during emergencies and Public Safety Power Shutoffs (PSPS) [2][9]. - The $800,000 Hillview project is partially funded by California's Self-Generation Incentive Program, which contributes approximately $350,000 [1][9]. Operational Impact - The BESS will replace diesel generators, providing reliable energy during grid outages and PSPS events, thus ensuring continuity of service [3][4]. - Improved reliability is expected to reduce consumer complaints and service interruptions, leading to lower operational expenses and increased customer satisfaction [4]. Industry Growth Prospects - The global BESS market is projected to grow from $10.16 billion in 2025 to $86.87 billion by 2034, with a compound annual growth rate (CAGR) of 26.92% [6]. - Other utility companies, such as NextEra Energy, Inc. (NEE), Vistra (VST), and PG&E Corporation (PCG), are also investing in battery storage systems to enhance grid reliability [6]. Competitor Developments - NEE's subsidiary, NextEra Energy Resources, has a net ownership of approximately 3,379 megawatts (MW) of battery storage capacity as of December 31, 2024 [7]. - VST operates one of the world's largest energy storage facilities and has plans for further development at retired plant sites [8]. - PCG has managed contracts for over 4.6 gigawatts of battery energy storage, enhancing California's grid efficiency [10]. Stock Performance - Year-to-date, AWK's shares have increased by 11.3%, while the industry has seen a growth of 17.6% [11].

Core Insights - The demand for energy storage solutions is increasingly prominent as clean energy projects expand across Africa, with a notable contrast in the development of battery storage systems among different countries [1][3] - The total battery storage capacity for renewable energy projects in Africa has reached approximately 2,902 MWh, with significant concentration in South Africa, Egypt, and Morocco [3][4] - South Africa leads the continent in energy storage development, with government initiatives and private sector projects driving substantial capacity installations [5] Group 1: Current Market Landscape - Africa's total battery storage capacity for renewable energy projects is around 2,902 MWh, with South Africa, Egypt, and Morocco accounting for the majority of installations [3][4] - Major projects include the Kenhardt 1-2-3 complex in South Africa with a capacity of 1,140 MWh and the Abydos 1 system in Egypt with 300 MWh [3][4] - Smaller-scale projects of 10-20 MWh are becoming common in sectors such as mining and commercial electricity supply, particularly in West and Southern Africa [3] Group 2: Project Developments - South Africa has implemented the Battery Energy Storage Independent Power Producer Procurement Program (BESIPPPP), resulting in the deployment of 1,744 MW/7 GWh of storage systems [5] - Egypt is developing its first grid-level independent storage system as part of a plan to add 1,500 MWh of storage capacity [6] - Morocco is advancing two large solar-storage integration projects that will add a combined 1,200 MWh of battery storage capacity [7] Group 3: Regional Initiatives - Uganda has approved a significant energy project that includes a 100 MWp solar installation paired with a 250 MWh battery storage system [7] - Mauritius is progressing with the Stor'Sun I and II solar-storage hybrid projects, which have a total capacity of 60 MW [7] - Several countries, including Gambia, Senegal, Malawi, and Tanzania, are launching large-scale storage projects, reflecting a growing emphasis on renewable energy and storage technology integration [8]

Core Viewpoint - The increasing share of solar power in Brazil's energy grid is driving the demand for energy storage solutions, leading to a comprehensive deployment of battery storage projects from residential to grid-scale [2][3]. Group 1: Solar Power Growth and Investment - According to the Brazilian National Electric System Operator (ONS), the share of photovoltaic power is expected to rise from 22.2% in December 2024 to 32.9% by the end of 2029, with installed capacity increasing from 51.7 GW to 88.2 GW, a net increase of 36.5 GW [2]. - The Brazilian Solar Energy Association (ABSAE) projects that by 2030, the solar energy storage sector could attract investments of 44 billion Brazilian Reais (approximately 8.46 billion USD), distributed across off-grid systems, grid-scale projects, and commercial applications [2]. Group 2: Battery Storage Demand and Reliability - Greener Consulting reports a surge in demand for battery storage system components in Brazil, with an expected increase of 89% in 2024, and many systems anticipated to be operational by 2025 [3]. - By the end of 2024, Brazil's total installed storage capacity is projected to reach 685 MWh, with 70% being off-grid systems, and a 29% increase in new installations compared to the previous year [3]. Group 3: Agricultural Sector and Storage Solutions - The agricultural sector is becoming a major beneficiary of battery storage, as solar plus storage can replace diesel generators, reducing costs and aiding decarbonization efforts [5]. - In the western region of Bahia, the number of irrigation hubs has increased by 43% over the past two years, but the local substations are at full capacity, necessitating reliance on storage solutions for agricultural expansion [5]. Group 4: Emerging Business Models - Companies like Matrix Energia and Brasol are developing commercial projects through a "storage as a service" model, with Matrix planning to deploy 750 MWh of storage systems by 2027 [6]. - A fast-charging system integrating 4.5 MWh of battery storage can charge up to 29 buses simultaneously, significantly enhancing charging capabilities for electric public transport in São Paulo [6]. Group 5: Residential Energy Autonomy - The demand for energy storage has extended to the residential sector, with studies indicating that a household equipped with a 4.8 kWh LiFePO₄ lithium battery can maintain essential functions during prolonged power outages [7]. - Despite challenges such as high capital costs and policy gaps, Brazil is expected to become a regional leader in energy storage by 2030, emphasizing the need for technology dissemination and optimized business models [7]. Group 6: Regulatory Developments - Brazil's first storage regulatory rules are set to be released this year, which will include mechanisms for storage revenue [8].

Core Insights - The recent surge in electricity bills, rising nearly 30% compared to the same period last year, is attributed to a significant imbalance between electricity demand and supply, exacerbated by outdated grid designs and slow construction of traditional power plants [1][2]. Group 1: Electricity Demand and Supply Dynamics - Electricity consumption in the U.S. is projected to increase by approximately 60% from 2023 to 2050, significantly outpacing the construction of new gas and nuclear power plants [1]. - The traditional electricity grid is ill-equipped to handle the increasing demand fluctuations and supply instability, leading to rising electricity prices [1]. Group 2: Data Centers as Major Electricity Consumers - Data centers, essential for everyday digital activities, are a major driver of increased electricity demand, with their energy consumption rising exponentially due to the growth of artificial intelligence [2]. - A large data center consumes as much electricity as thousands of households, necessitating reliable and cost-effective power solutions [2]. Group 3: Battery Storage Technology - Battery storage technology has evolved from being seen as an expensive novelty to a critical component of the electricity system, with costs decreasing by an impressive 75% over the past decade [3][4]. - Battery storage systems act as buffers for the grid, storing excess electricity during low demand and releasing it during peak demand, thereby enhancing grid efficiency and reducing blackout risks [4]. Group 4: Sodium-Ion Battery Development - The U.S. is focusing on sodium-ion batteries, which offer advantages such as abundant and inexpensive raw materials, lower manufacturing costs, and enhanced safety compared to lithium-ion batteries [5]. - The development of sodium-ion batteries is driven not only by economic factors but also by the need for supply chain security [5]. Group 5: Market Potential and Investment Opportunities - Over the next decade, global investments in battery storage systems are expected to exceed $1 trillion, driven by a significant supply-demand gap and advancements in technology [7]. - The battery storage market is supported by favorable policies, with tax incentives for battery storage expected to continue until 2033 [9]. - Diverse revenue models for storage systems, including price arbitrage and ancillary services, enhance the attractiveness of investments in this sector [9]. Group 6: Consumer Impact and Future Outlook - In the short term, electricity bills may continue to rise due to the construction costs of new storage facilities being passed on to consumers [11]. - In the medium term, the large-scale deployment of storage systems is expected to improve grid efficiency and slow the rate of electricity price increases [11]. - Long-term advancements in storage technology could lead to significantly lower electricity costs, making home storage systems a viable investment option [11]. Group 7: Industry Challenges and Strategic Considerations - The battery storage industry presents numerous investment opportunities across the supply chain, including equipment manufacturers and project developers [13]. - However, the industry faces challenges such as rapid technological changes and increasing competition [13]. Group 8: Conclusion and Future Trends - Battery storage is transitioning from a niche technology to a vital infrastructure component, with the potential for explosive growth as it reaches a critical mass [14]. - The evolution of battery storage technology will significantly impact consumer electricity habits and investment strategies, making it a focal point for future attention [14].

Core Insights - The article discusses the supply relationships between battery storage suppliers and project owners/operators in the UK, highlighting the current operational capacity of grid-scale battery storage systems at approximately 7GW/10GWh [2][4]. Group 1: Market Overview - According to the report by Solar Media, the current operational capacity of grid-scale battery storage systems in the UK is around 7GW/10GWh [2]. - The database includes long-term battery storage projects that are under construction, have submitted planning applications, or have received planning permission, totaling a capacity of 63,243MW/131,834MWh [7]. Group 2: Key Suppliers - Leading suppliers by project deployment volume include BYD Energy, Canadian Solar, CATL, Samsung, GE, LONGi Green Energy, Fluence, LG Energy, Sungrow, Wärtsilä, Trina Storage, Korea's Hyosung Heavy Industries, Envision Energy, Tesla, and NHOA Group [4]. - The infographic in the article illustrates the relationships between suppliers, system integrators, and end developers, covering operational projects with a capacity of 49MWh and above [3]. Group 3: Data Sources - The research data is sourced from news announcements, specific documents in planning application files, and non-public information obtained through industry relationships [7]. - The report does not include projects that battery storage system suppliers/integrators have not publicly disclosed, nor those that could not be obtained through special research by Solar Media analysts [6].

Core Viewpoint - CATL has secured a significant supply agreement with Vanda RE for a total of 2.2 GWh of battery energy storage systems, reflecting the growing demand for clean energy solutions globally [1][4]. Group 1: Company Developments - CATL signed a framework supply agreement with Vanda RE, a renewable energy developer based in Singapore, to supply battery energy storage systems [1]. - The battery storage systems will be produced at CATL's factory in West Java, Indonesia, which has a total production capacity of 15 GWh [3]. - The project in Indonesia is part of a larger initiative to develop a solar and storage project, which includes a 2 GW photovoltaic power station and a 4.4 GWh storage system, making it one of the largest integrated solar-storage projects in Southeast Asia [1]. Group 2: Market Trends - The global demand for energy storage systems has been rapidly increasing, with a notable growth in overseas orders for Chinese battery companies, including CATL and BYD [5][6]. - According to CITIC Securities, global energy storage installations are expected to grow by 42.2% year-on-year by 2025, reaching 266 GWh [6]. - In the first half of 2025, the global battery energy storage system market saw a significant increase, with new installations reaching 86.7 GWh, a 54% increase compared to the same period in 2024 [6]. Group 3: Financial Performance - In 2024, CATL's energy storage battery system sales are projected to reach 93 GWh, contributing approximately 57.29 billion yuan to the company's total revenue, which accounts for 15.83% of total revenue [7]. - The gross margin for energy storage batteries has surpassed that of power batteries for the first time, standing at 26.84% compared to 23.94% for power batteries [7].

Core Viewpoint - Gresham House Energy Storage Fund (GRID) has signed long-term minimum revenue agreements with Statkraft and Markel Bermuda, which will partially replace its existing capacity lease agreement with Octopus Energy after it expires next year. This strategic move aims to optimize risk-adjusted returns and ensure stable revenue streams for GRID. Summary by Sections Section 1: New Agreements - The new minimum revenue agreements cover a total capacity of 789MW, which represents approximately 74% of GRID's 1072MW battery storage asset portfolio [2][3]. Section 2: Financial Implications - The agreements with Statkraft and Markel Bermuda will provide GRID with a guaranteed minimum annual income of at least £35 million (approximately $47.61 million) after the expiration of the current lease agreement with Octopus [3]. - The expected total minimum revenue from these agreements, including capacity market income projected to reach £11 million by 2026, will amount to £46 million [3]. Section 3: Comparison with Previous Agreements - The previous capacity lease agreement with Octopus Energy, which covers 568MW, was expected to generate £43 million annually, but this included capacity market income, making direct comparisons with the new agreements complex [3].