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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Latest News

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Non-lithium battery maker CMBlu Energy raises €50 million in Series C, valued at over $1 billion The company is now valued at over $1 billion, as it aims to reach scale for its battery systems and deliver on deals.
Tristan Rayner
11 hours ago
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Shoals now making battery energy storage components in new factory in Tennessee Shoals is well-known in solar for its Big Lead Assembly products, and is expanding into batery energy storage system balance of system products, along with data centers.
Tristan Rayner
12 hours ago
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Egypt commits to financing 4 GWh of battery storage projects Presidential fund will be used to finance major wind and energy storage projects as part of wider commitment to expand renewables to 45% share of energy mix by 2028.
Matthew Lynas
16 hours ago
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Another new Indian BESS factory: Solex Energy to set up 5 GW solar and 10 GW battery plant at $420 million cost Solex Energy has signed a memorandum of understanding (MoU) with the Government of Gujarat to set up a 5 GW solar cell manufacturing facility and a 10 GW battery energy storage system (BESS) factory in the state, with a total planned investment of more than $420 million.
Uma Gupta
May 05, 2026
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EU funding ban on high-risk inverters, including Chinese suppliers, extends to BESS PCS The new policy has already applied, and impacts billions in funding from the European Investment Bank on renewable projects including standalone and co-located storage.
Tristan Rayner
May 04, 2026
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Matrix secures financing for 500 MW Scotland project; Tavion raises funds, secures 1.7 GW Poland pipeline Fresh financing is flowing towards battery storage developers in Europe with ambitious deployment plans.
Marija Maisch
Apr 30, 2026
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587 Ah vs. 588 Ah: the difference is more than 1 Ah The new LFP formats reflect two competing paths for large-scale storage: standardization first, or long-duration optimization.
Vincent Shaw
Apr 29, 2026

All Industry news

View article
Non-lithium battery maker CMBlu Energy raises €50 million in Series C, valued at over $1 billion The company is now valued at over $1 billion, as it aims to reach scale for its battery systems and deliver on deals.
Tristan Rayner
11 hours ago
View article
Shoals now making battery energy storage components in new factory in Tennessee Shoals is well-known in solar for its Big Lead Assembly products, and is expanding into batery energy storage system balance of system products, along with data centers.
Tristan Rayner
12 hours ago
View article
Egypt commits to financing 4 GWh of battery storage projects Presidential fund will be used to finance major wind and energy storage projects as part of wider commitment to expand renewables to 45% share of energy mix by 2028.
Matthew Lynas
16 hours ago
View article
Another new Indian BESS factory: Solex Energy to set up 5 GW solar and 10 GW battery plant at $420 million cost Solex Energy has signed a memorandum of understanding (MoU) with the Government of Gujarat to set up a 5 GW solar cell manufacturing facility and a 10 GW battery energy storage system (BESS) factory in the state, with a total planned investment of more than $420 million.
Uma Gupta
May 05, 2026
View article
EU funding ban on high-risk inverters, including Chinese suppliers, extends to BESS PCS The new policy has already applied, and impacts billions in funding from the European Investment Bank on renewable projects including standalone and co-located storage.
Tristan Rayner
May 04, 2026
View article
Matrix secures financing for 500 MW Scotland project; Tavion raises funds, secures 1.7 GW Poland pipeline Fresh financing is flowing towards battery storage developers in Europe with ambitious deployment plans.
Marija Maisch
Apr 30, 2026
View article
587 Ah vs. 588 Ah: the difference is more than 1 Ah The new LFP formats reflect two competing paths for large-scale storage: standardization first, or long-duration optimization.
Vincent Shaw
Apr 29, 2026
View article
Beyond the cell: The evolution of battery costs For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Yet with rising costs for battery cells, the opposite might be expected. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
Paola Perez Peña
Apr 29, 2026
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CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
Marija Maisch
Apr 28, 2026

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