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Global BESS deployments soared 53% in 2024

Summary
Energy storage deployments globally grew 53% in 2024, with grid-scale segment the driver of this, market intelligence firm Rho Motion says.
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Energy Storage NewsEnergy Storage News

Boralex closes financing for 80MW/320MWh Ontario BESS

Developer Boralex and its partner Walpole Island First Nation have announced a CA$172 million (US$119 million) financing for the 80MW/320MWh Tilbury battery energy storage system (BESS).

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Energy Storage News broke the news in on Tuesday, January 14, 2025.
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