VFBATTERY REPORT

Applications: Stationary Energy Storage

Pages 182–232 (51 pages)

Battery Report 2025, page 191: Applications: Stationary Energy Storage
Text on page 191

Leading Energy Storage Project Developers BESS developers are the firms acquiring land, signing offtake agreements, procuring components, and managing the EPC of the BESS project. The sector includes a mix of large and small firms, ranging from multinational IPPs with broad generation profiles down to small companies with only a handful of projects. This slide shows leading BESS project developers, classified per region where their largest project is located - please note that some developers also operate in regions other than the one mentioned.

Developers In North America

Developers In Asia And Africa

Developers In Europe And Latin America (*)

In Asia and Africa, JSW Energy shifted focus toward pumped hydro, Scatec exited several African storage markets, and Terra Solar was acquired by Reliance New Energy.

Developers In Australia

In North America, Arevia Power, GridStor, and OnStone were acquired, while Hecate Energy entered bankruptcy restructuring. In the US market, Key Capture Energy, SB Energy, and Vesper Energy have paused or slowed their BESS development pipelines Source: BESS100.org

In Europe and Latin America, BW ESS merged into BW Renewables, Grenergy cut a third of its storage pipeline, Giga Storage suspended projects due to grid constraints, and Zenobē entered administration. (*) projects in Latin America.

In Australia, Akaysha Energy reduced new project activity under BlackRock, Amp Energy exited parts of the APAC storage market, and Equis shifted its focus toward green hydrogen, slowing its BESS pipeline.

Extracted from the PDF; charts and images may read imperfectly.

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