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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.
6 hours ago
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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.
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.
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Hithium plans manufacturing capacity in Saudi Arabia, unveils desert-tailored battery storage solution
China's Hithium has joined hands with a local partner to establish a 5 GWh production facility in Saudi Arabia. It has also unveiled its specialized energy storage solutions tailored for desert applications.
BatX Energies partners with LW3 on battery passports
Indian lithium battery recycler BatX Energies will leverage LW3’s blockchain- and IoT-based digital product passport solutions for comprehensive tracking of battery history, usage, and material provenance from production to end-of-life, ensuring a circular economy for battery materials. The partnership aims to streamline the approach to meeting compliance requirements, in markets such as Europe.
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Key trends in battery energy storage in China
China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025 target of 30 GW of operational capacity two years early. ESS News sat down with Ming-Xing Duan, secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends.
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