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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.
4 hours ago
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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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India manufacturing: GoodEnough Energy starts 7 GWh gigafactory, ChemVolt Global announces 5 GWh battery plant
India's domestic manufacturing scene for lithium-ion batteries for stationary storage is heating up, with GoodEnough Energy commissioniong its 7 GWh battery energy storage system (BESS) factory in Noida, marking the largest such facility in India. The company plans to expand the facility’s capacity from 7 GWh to over 25 GWh over the next three years.
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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.
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