Industry
Industry ESS News
Industry ESS News

In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.

The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.

In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.

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Lukas Hackl, CEO of Aepnus. “Our investors’ market expertise will be crucial as we double down on our growth strategy in the coming months to decarbonize of the battery supply chain.”
Aepnus garners $8m for sodium sulfate recycling
In the USA, Aepnus Technology has accrued $8 million in seed financing to accelerate the production of its novel end-to-end sodium sulfate recycling technology.
Carrie Hampel
42 minutes ago
View article
Azeglio LDES container
New York offers $5 million for long-duration storage projects
The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
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Battery energy storage container
TWAICE, NARDAC team to improve insurance terms with battery storage analytics  
German battery analytics technolgy provider TWICE and NARDAC, UK-based insurance broker focused on large energy and infrastructure assets, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders.  
Marija Maisch
Jun 13, 2024
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Borrego Solar installation
Bitech Technologies sells 2.4 GW of solar to focus on BESS 
Bitech has completed the sale of 2.425 GW of its greenfield solar projects to "a third party purchaser". The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.
Blathnaid O’Dea
Jun 13, 2024
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Screenshot of BESS market in Europe
European battery market growth to drop off amid falling electricity prices
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Marija Maisch
Jun 12, 2024
View article
Flexa management team Vjekoslav Salapic (left) and Sébastien Schikora
Enpal, Entrix announce Europe’s largest virtual power plant
Under their joint venture Flexa, the two companies want to combine PV systems, home batteries and other decentralized energy resources into a network with a total output of several gigawatts, which will integrate an AI-powered electricity trading platform.
Jochen Siemer
Jun 12, 2024
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Elli industrial storage logo
Volkswagen enters C&I energy storage business with Elli
The Volkswagen Group has announced its entry into a new business segment with its charging and energy brand Elli. It will develop massive industrial battery energy storage systems, including initial 350 MW/700 MWh projects already in its pipeline.
Marija Maisch
Jun 10, 2024
Intersolar event 2024
EVENTS
Visit us at Intersolar Europe
We are participating in Intersolar 2024 again this year! Visit us at our Booth Hall 2 A2.250 to discuss the latest trends within the photovoltaic industry with the pv magazine team.

June 19-21, 2024 | Munich, Germany

All Industry news

View article
Lukas Hackl, CEO of Aepnus. “Our investors’ market expertise will be crucial as we double down on our growth strategy in the coming months to decarbonize of the battery supply chain.”
Aepnus garners $8m for sodium sulfate recycling
In the USA, Aepnus Technology has accrued $8 million in seed financing to accelerate the production of its novel end-to-end sodium sulfate recycling technology.
Carrie Hampel
42 minutes ago
View article
Azeglio LDES container
New York offers $5 million for long-duration storage projects
The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
View article
Battery energy storage container
TWAICE, NARDAC team to improve insurance terms with battery storage analytics  
German battery analytics technolgy provider TWICE and NARDAC, UK-based insurance broker focused on large energy and infrastructure assets, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders.  
Marija Maisch
Jun 13, 2024
View article
Borrego Solar installation
Bitech Technologies sells 2.4 GW of solar to focus on BESS 
Bitech has completed the sale of 2.425 GW of its greenfield solar projects to "a third party purchaser". The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.
Blathnaid O’Dea
Jun 13, 2024
View article
Screenshot of BESS market in Europe
European battery market growth to drop off amid falling electricity prices
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Marija Maisch
Jun 12, 2024
View article
Flexa management team Vjekoslav Salapic (left) and Sébastien Schikora
Enpal, Entrix announce Europe’s largest virtual power plant
Under their joint venture Flexa, the two companies want to combine PV systems, home batteries and other decentralized energy resources into a network with a total output of several gigawatts, which will integrate an AI-powered electricity trading platform.
Jochen Siemer
Jun 12, 2024
View article
Elli industrial storage logo
Volkswagen enters C&I energy storage business with Elli
The Volkswagen Group has announced its entry into a new business segment with its charging and energy brand Elli. It will develop massive industrial battery energy storage systems, including initial 350 MW/700 MWh projects already in its pipeline.
Marija Maisch
Jun 10, 2024
View article
Large storage facilities in Germany
New tax regulation to ease storage deployment in Germany
The 2024 draft annual tax law proposes that 90% of trade tax revenue from energy storage systems goes into the pockets of local municipalities, potentially opening the doors to greater community acceptance.  
Sandra Enkhardt
Jun 07, 2024
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Handshake
Altris, Stora Enso to develop sodium-ion anode from lignin
Swedish sodium-ion battery specialist Altris has partnered with Stora Enso, Finish-Swedish cellulose and paper maker, to drive the adaptation of the corporation’s hard carbon solution Lignode as an anode material in its sodium-ion battery cells.
Marija Maisch
Jun 06, 2024

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