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GCL, Cornex, TBEA to build 5 GWh storage and solar manufacturing complex in Egypt Egypt’s Kemet has signed three agreements with Chinese companies over the last week, covering plans for a 5 GW solar cell complex, a 5 GWh battery energy storage factory and Egypt’s first solar inverter factory.
Patrick Jowett
6 hours ago
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CATL batteries
CATL locks $17 billion battery material deal as lithium prices soar As lithium prices surged to a two-year high in early 2026, the world’s largest battery maker, CATL, moved to secure a mega-order of lithium iron phosphate cathode material in what ranks among the largest battery materials deals ever announced.
Marija Maisch
Jan 15, 2026
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Waaree Energy Storage Solutions raises funding for 20 GWh lithium-ion cell and battery pack manufacturing facility Waaree Energy Storage Solutions has raised INR 1,003 crore ($111 million) to support the development of a 20 GWh lithium-ion cell and battery pack manufacturing facility.
Uma Gupta
Jan 05, 2026
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What’s next for battery technology in 2026 Longer-duration storage, safety-driven procurement and Foreign Entity of Concern (FEOC) compliance in the United States compliance are starting to push alternative chemistries closer to scale.
Phoebe Skok
Jan 02, 2026
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Moll Batterien garners more than $25 million for sodium-ion battery plant in Germany The Bavarian Ministry of Economic Affairs is supporting the project with €19.65 million, and there is an additional €2.5 million from the EU.
Sandra Enkhardt
Dec 19, 2025
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JA Solar expands into energy storage with new subsidiary The PV giant is stepping up its energy storage push with a new Beijing subsidiary capitalized at RMB 300 million ($42 million).
Marija Maisch
Dec 16, 2025
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Ford launches battery storage business, repurposing EV manufacturing capacity The automotive giant will leverage its plants in Kentucky and Michigan, along with its lithium iron phosphate (LFP) technology know-how, to provide solutions for energy infrastructure and the expanding data center market. The company plans to begin shipping battery energy storage systems (BESS) in 2027.
Marija Maisch
Dec 16, 2025

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Hithium files for Hong Kong listing as global demand for energy storage surges Chinese battery maker Hithium has filed for a Hong Kong listing, aiming to capitalize on the booming energy storage market. With a rapid rise in shipments and strong revenue growth, the company seeks to expand its production capacity, enhance R&D, and accelerate global expansion.
Vincent Shaw
Mar 27, 2025
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Australian budget sees renewed calls for battery subsidy scheme, local manufacturing Industry representatives, a solar consumer group, and a senator are among the voices calling for support for batteries instead of continuing electricity bill support in the latest federal budget.
Ev Foley
Mar 26, 2025
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Sax Power doubles home battery production capacity in Germany The storage specialist has built a second assembly hall at its site near Ulm. Its new battery energy storage system (BESS), the 7.7 kWh Home Plus, will be built there.
Ralph Diermann
Mar 24, 2025
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China’s Sunwoda invests $1.5bn in Thailand battery plants The move strengthens Thailand’s EV and energy storage supply chain as the country pushes to become a regional manufacturing hub.
Vincent Shaw
Mar 24, 2025
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CATL reports profit growth despite revenue decline, announces $2.8bn dividend plan The world's leading battery maker sees profit rise 15% in 2024, driven by cost efficiencies and technology advancements, while expanding its global footprint with a $5 billion Hong Kong listing plan.
Vincent Shaw
Mar 20, 2025
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‘EU aim of 90% European batteries by 2030 is way off’ European battery cell demand could hit 1 TWh per year by 2030 so domestic manufacturing capacity is vital to avoid dependence on Asia. Germany's Fraunhofer Institute for Systems and Innovation Research (ISI) says the European Union's 90% local battery target will be missed in half of its modeled scenarios.
Sandra Enkhardt
Mar 19, 2025
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Australia’s Altech secures permit to build sodium-ion battery factory in Germany The German subsidiary of the Perth-based sodium chloride solid-state battery specialist is moving ahead with its plans to build a 120 MWh production plant in Saxony, Germany. The project is expected to amount to around €156 million ($170 million).
Marija Maisch
Mar 19, 2025
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What’s next for American battery manufacturing Industry experts at Intersolar and Energy Storage North America explained that cooperation between companies, favorable policy and smart site selection are key to expanding domestic battery production.
Phoebe Skok
Mar 14, 2025
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Northvolt files for bankruptcy in Sweden After filing for Chapter 11 bankruptcy protection in the United States in November 2024, the European battery manufacturing torchbearer has failed to negotiate and implement a financial restructuring. The business has now filed for bankruptcy in its home country.
Marija Maisch
Mar 12, 2025

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