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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.
Pilar Sanchez Molina
Mar 11, 2026
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CATL sold 661 GWh of lithium-ion batteries in 2025, reports profit growth Chinese energy storage giant reports increased revenue and profits in 2025. Significant new manufacturing capacity expected to be under construction by the end of the year.
Matthew Lynas
Mar 09, 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.
Marija Maisch
Mar 04, 2026
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Hold-type ABS for battery storage hits Shanghai Exchange, pioneering new financing path Canadian Solar-linked deal marks a financing milestone for standalone energy storage, though issuance still faces cash-flow and liquidity tests.
Vincent Shaw
Mar 03, 2026
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TotalEnergies sells 50% stake in 1.6 GWh German battery portfolio to AllianzGI This is Allianz´s first direct equity investment in a portfolio of utility-scale battery storage projects.
Marija Maisch
Mar 03, 2026
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Enervis Battery Storage Index: Slight recovery in January, but still weak winter levels Independent assessment of historical and future achievable revenues for large-scale battery storage systems
Mirko Schlossarczyk, Jonas Anthonioz
Feb 27, 2026
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Statkraft inks its largest BESS PPA deal in the Nordics Power purchase agreement (PPA) with OX2 covers 235 MW of battery energy storage system (BESS) capacity across two projects in Finland. Both energy storage assets will be located alongside wind projects.
Matthew Lynas
Feb 26, 2026

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Australia’s battery company Energy Renaissance goes into administration The New South Wales-based lithium ion battery company Energy Renaissance has gone into administration, just months after celebrating a decade in business.
Ev Foley
Aug 22, 2025
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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.
Marija Maisch
Aug 20, 2025
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Energy storage finance fell 41%, year-to-June, despite rebound in project deals Political uncertainty and new trade tariffs have been cited by Mercom Capital Group as dampening activity.
Luis Ini
Aug 20, 2025
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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.
David Carroll
Aug 20, 2025
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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.
Phoebe Skok
Aug 19, 2025
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Austria quadruples subsidy budget, approves 9,000-plus applications for solar, storage systems The government had budgeted €12 million ($14 million) for a second funding round but wants to finance successful applications and bring 220 MW new solar and 200 MWh of storage online.
Sandra Enkhardt
Aug 19, 2025
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Gresham House, Thurcroft battery storage site
$324M refinancing for GRID’s 1GW UK battery portfolio, aims to expand battery capacity at existing sites Five-bank consortium offer refinancing for Gresham House's 28 operational UK battery storage sites, with additional battery capacity to be added.
Tristan Rayner
Aug 18, 2025
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CIP acquires another 1 GWh Arizona battery CIP's fund has snapped up a 250 MW, four-hour duration BESS project in Arizona.
Tristan Rayner
Aug 15, 2025
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Assets on the move: Monsson buys second Swedish battery project, R.Power puts for sale sign up in Poland on solar plus storage Fu-Gen handed a fully ready-to-build project to Monsson Energy, R.Power wants to sell 400 MW of assets in Poland
Tristan Rayner
Aug 14, 2025

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