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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Australian grid-scale battery supplier gets $2m for electrolyte production Energy Storage Industries Asia Pacific has received a grant from the Queensland government to increase production of its iron flow battery electrolytes by 40 million litres per year.
Ev Foley
13 hours ago
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Key trends in battery energy storage in China China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025 target of 30 GW of operational capacity two years early. ESS News sat down with Ming-Xing Duan, secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends.
Marija Maisch
Oct 11, 2024
View article
Altris secures funding to grow Europe’s sodium-ion battery value chain While the excitement around sodium-ion battery technology has subsided with lithium-ion prices in free fall, some technology proponents are garnering fresh cash.
Marija Maisch
Oct 11, 2024
View article
Form Energy raises $405 million for its multi-day iron-air batteries The US-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
Marija Maisch
Oct 10, 2024
View article
Varta secures fresh cash to back its restructuring plans The EUR 60 million ($65.77 million) equity capital and EUR 30 million bridge loan will help the embattled battery maker's efforts to avert possible insolvency.
Marija Maisch
Oct 09, 2024
View article
GridBeyond calculates financial benefits of community batteries in Australia A 1 MW community-owned battery energy storage system could earn the operators up to $250,000 in revenue each year in Australia according to new analysis from Ireland-headquartered smart energy company GridBeyond.
David Carroll
Oct 09, 2024
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Philippines’ first LFP battery fab switches on The Australian-funded lithium ferro-phosphate (LFP) battery plant is expected to achieve full production capacity of 2 GWh per year by 2030.
Ev Foley
Oct 08, 2024

All Industry news

View article
Australian grid-scale battery supplier gets $2m for electrolyte production Energy Storage Industries Asia Pacific has received a grant from the Queensland government to increase production of its iron flow battery electrolytes by 40 million litres per year.
Ev Foley
13 hours ago
View article
Key trends in battery energy storage in China China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025 target of 30 GW of operational capacity two years early. ESS News sat down with Ming-Xing Duan, secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends.
Marija Maisch
Oct 11, 2024
View article
Altris secures funding to grow Europe’s sodium-ion battery value chain While the excitement around sodium-ion battery technology has subsided with lithium-ion prices in free fall, some technology proponents are garnering fresh cash.
Marija Maisch
Oct 11, 2024
View article
Form Energy raises $405 million for its multi-day iron-air batteries The US-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
Marija Maisch
Oct 10, 2024
View article
Varta secures fresh cash to back its restructuring plans The EUR 60 million ($65.77 million) equity capital and EUR 30 million bridge loan will help the embattled battery maker's efforts to avert possible insolvency.
Marija Maisch
Oct 09, 2024
View article
GridBeyond calculates financial benefits of community batteries in Australia A 1 MW community-owned battery energy storage system could earn the operators up to $250,000 in revenue each year in Australia according to new analysis from Ireland-headquartered smart energy company GridBeyond.
David Carroll
Oct 09, 2024
View article
Philippines’ first LFP battery fab switches on The Australian-funded lithium ferro-phosphate (LFP) battery plant is expected to achieve full production capacity of 2 GWh per year by 2030.
Ev Foley
Oct 08, 2024
View article
Northvolt subsidiary files for bankruptcy Following the decision to suspend the expansion of its Northvolt Ett gigafactory in Skellefteå, the subsidiary managing the expansion project has filed an application for bankruptcy at the District Court of Stockholm.
Marija Maisch
Oct 08, 2024
View article
Lithium-ion battery market to top $400bn in 2035 While low prices are making life difficult for manufacturers, especially outside China, demand remains strong for stationary storage and electric vehicle (EV) devices, according to IDTechEx.
Max Hall
Oct 04, 2024

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