Manufacturing
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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.
10 hours ago
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From cell production to energy trading: Volkswagen launches its first large-scale battery storage project
The “Elli Power Center” in Salzgitter may not be large, but it is significant: the Volkswagen Group intends to become an “integrated energy player,” combining activities from battery cell production to the marketing of energy storage within a single corporate structure.
Australian battery manufacturer lands funds for expansion plans
Perth-headquartered energy storage and battery-based power systems specialist Magellan Power has teamed with specialist investment manager Viburnum Funds to boost its manufacturing capabilities and fund expansion in Australia and internationally.
WEG secures funding for Brazilian battery manufacturing plant
The new plant will increase WEG’s BESS production capacity to up to 2 GWh. Construction is expected to be completed in the second half of 2027. The company aims to serve both the large-scale storage market and the commercial and industrial (C&I) segment.”
Epic Energy, REFNIC partner for lithium-ion battery recycling and second-life facility in India
Epic Energy has selected REFNIC as the technical partner for setting up a lithium-ion battery shredding facility with an installed capacity of 500 kilograms per hour of black-mass production, and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month.
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Indian BESS manufacturing expansion remains uncertain, despite growing promise
With an accelerating deployment of lithium-ion batteries in energy storage applications, telecommunications, and mobility, demand in India for advanced technologies is expanding. However, progress towards establishing a domestic manufacturing industry has been “uncertain,” report analysts – despite the promising example set by India’s solar producers.
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Australian-made cybersecure residential battery launched
On the back of the federal government’s AUD 2.3 billion ($1.38 billion) subsidy, Energy Renaissance (ER) has launched an Australian-made residential battery featuring a world-class, cyber-secure battery management system designed by the Commonwealth Scientific and Industrial Research Organisation (CSIRO).
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