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Hithium to invest €400 million in Spanish mega battery factory
Chinese multinational Hithium is considering building a battery and energy storage systems manufacturing plant in Navarra, with an initial investment of around €400 million and the potential to create up to 1,050 jobs across two development phases.
Mar 11, 2026
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Romania: Financial close for 1 GWh co-located battery; construction starts on 116 MWh BESS retrofit
Vienna-based IPP Enery has secured €460 million green financing for one of Europe's biggest hybrid solar-and-storage project, while Denmark’s Eurowind Energy has kicked off installation of its 120 MWh Teiuș battery system, highlighting major momentum in Romania’s renewable energy transition.
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FlexGen completes Powin acquisition, expands its battery fleet to more than 25 GWh
FlexGen’s acquisition of Powin marks a major shake-up in the US battery storage industry, as market leaders face financial pressure, policy uncertainty, and shifting supply chain dynamics. Meanwhile, long-duration storage player ESS Inc. fights for survival amid early signs of commercial traction.
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Australia launches fund to expand battery manufacturing
The Australian Renewable Energy Agency has launched an AUD 500 million ($324 million) initiative aimed at supercharging Australia’s battery manufacturing industry and seizing opportunities associated with the global renewable energy transition.
Turbulent times for US energy storage
US President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, dealing a blow to clean energy. The OBBBA kills many of the provisions in the US Inflation Reduction Act that were most impactful for the energy storage industry, and while no one is fully sure what comes next, many are bracing for turbulence.
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