- Tesla Hits 10 GWh Deployed with Megapacks: Tesla’s energy storage arm crossed a major milestone in Q4 with 10 gigawatt-hours of Megapack storage deployed globally.
- World’s Largest Flow Battery Project: China completed the world’s largest vanadium flow battery system.
- Europe Races to Catch Up with Energy Storage Targets: Q4 saw a surge in national energy storage targets across Europe. The UK, Italy, and Germany all pushed updated plans, while the EU called for faster permitting and better market integration.
- Form Energy Breaks Ground in West Virginia: Form Energy, the long-duration storage startup backed by Bill Gates and Breakthrough Energy, announced it’s building its first commercial facility in Weirton, West Virginia.
- India Approves Major Battery Storage Policy: India has launched its National Energy Storage Policy, setting out plans for 50 GWh of capacity by 2030.
- California Awards $2.9 Billion to Long-Duration Projects: The California Energy Commission allocated nearly $3 billion to long-duration energy storage projects through 2026.
- Europe’s First Commercial Sodium-Ion Battery Plant Opens: UK-based AMTE Power and Faradion officially launched Europe’s first sodium-ion battery production line.
- Australia Adds Record Storage to the Grid: Australia showed record growth in utility-scale installations.
- Battery Recycling Gets More Attention: Companies like Redwood Materials, Li-Cycle, and Europe’s Northvolt all made strategic announcements around closed-loop supply chains.
Anthony Milewski
Chairman, Nickel 28 Capital