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T1 Energy to buy US BESS manufacturer Kore Power for $32M US module manufacturer has entered definitive agreement to acquire Kore Power Inc. The deal is expected to close in the second quarter of 2026.
Matthew Lynas
Jun 05, 2026
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Fox ESS opens second factory in Wenzhou as global BESS demand grows Chinese BESS manufacturer reports automation at new plant has markedly reduced time on the line. Located in Wenzhou, a port city in southeastern Zhejiang province, the plant will focus on battery energy storage system (BESS) products according to Fox ESS.
Matthew Lynas
Jun 03, 2026
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Invergy opens 3 GWh BESS factory in India Invergy has opened what it describes as India's largest battery energy storage factory in Uttar Pradesh, a 3 GWh, fully automated plant backed by more than INR 2 billion ($20.9 million) in investment from parent company GP Eco Solutions.
Uma Gupta
Jun 02, 2026
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Eni and FIB reach agreement for LFP BESS supply chain in Italy The project aims to capture more than 10% of the European stationary battery market.
Sergio Matalucci
May 29, 2026
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Cornex signs 50 GWh in storage battery agreements at CIBF 2026 The Chinese battery maker says its 588 Ah cell will support large-scale storage and overseas deployments.
Vincent Shaw
May 26, 2026
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Saudi Arabia gets first BESS manufacturing facility: ZOE Energy Storage starts at 6 GWh China's ZOE Energy Storage will manufacture in Saudi Arabia, scaling production to 18 GWh
Tristan Rayner
May 26, 2026
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Inlyte Energy plans pilot projects to prove its iron-sodium battery technology for AIDC and ESS applications The California-based company says its technology is the perfect match for data centers, providing low-degradation long-duration energy storage while serving as a middle layer between the grid and highly volatile power needs of data centers. Now it’s set to prove it.
Ben Zientara
May 26, 2026

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CATL batteries
CEA: Trade barriers set to see U.S. BESS prices increase 35% in 2025 2025 is likely to see battery prices surge in the United States on the back of increases in tariffs and duties imposed on battery energy storage systems and their components from China. While lithium iron phosphate (LFP) capacity is being established outside of China, few options exist today to dodge costs of increasing tariffs.
Jonathan Gifford
Jan 14, 2025
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Aluminum maker to acquire Northvolt’s battery recycling business Swedish battery maker Northvolt has been withdrawing from non-core businesses in the face of a financial crisis.
Max Hall
Jan 14, 2025
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Chinese lithium-ion anode producer halts $1.4 billion Swedish investment The decision comes after the Swedish Strategic Products Inspectorate imposed regulatory conditions deemed unacceptable by China's Putailai New Energy Technology.
Vincent Shaw
Jan 08, 2025
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Tesla smashes its own records with big increase in energy storage deployments in 2024 Tesla's energy storage deployments broke its own year-on-year records in 2024, for another consecutive year.
Tristan Rayner
Jan 03, 2025
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Tesla batteries at a solar facility
Tesla starts trial production at Shanghai Megapack manufacturing plant Tesla's Shanghai Megapack factory, its first outside of the USA, begins trial production.
Tristan Rayner
Jan 02, 2025
1
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Brazil’s UCB Power raises $24m from Inter-American Development Bank The energy storage company will invest in its operations in two states, including factory expansion plans, as well as funding other parts of its business.
Alessandra Neris
Jan 02, 2025
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Schmid Pekintaş targets redox flow battery cost reduction with new Turkish gigafactory Production equipment supplier Schmid is expanding its joint venture with the Pekintaş Group to establish a vanadium redox flow battery production facility with an output of 3 GWh. The factory is scheduled to begin production in 2026.
Jonathan Gifford
Dec 20, 2024
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Germany’s Manz announces insolvency application The production equipment manufacturer cited “market distortions in the European battery cell market” as the main reason.
Jochen Siemer
Dec 20, 2024
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‘We are not going to leave storage at all’ says SolarEdge GM for Europe Storage still key component of SolarEdge business, despite sell-off of cell manufacturing facility in South Korea. General manager for Europe Christian Carraro tells ESS News that product launches in 2024 plus opportunities presented by home energy management mean storage remains part of company’s core offer.
Matthew Lynas
Dec 19, 2024

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