Chinese electric vehicle giant BYD has reached a major milestone in the global clean energy race by overtaking Tesla in battery energy storage systems while simultaneously accelerating the rollout of its ultrafast charging network. The development signals a major shift in the global electric mobility and renewable energy sectors, where Tesla had long been viewed as the dominant force in innovation, battery systems, and charging infrastructure.

The storyline surrounding BYD has long revolved around electric vehicles, but a quieter revolution in the energy storage business is now demanding attention.

The race to secure electricity for AI models has reached new heights: Meta has signed an agreement with the startup Overview Energy that could see a thousand satellites beam infrared light to solar farms that power data centers at night.

Türkiye is developing Europe’s largest battery storage pipeline, supported by a policy that requires renewable energy projects to include storage solutions.

Azerbaijan has launched the construction of the region’s largest battery energy storage systems (BESS), Azerenerji OJSCannounced.

Tesla (TSLA) is set to build a new megafactory near Houston, Texas, to operate a battery storage facility, according to a report by Electrek on Wednesday, citing a tax abatement agreement with Waller County.