Industry
Industry ESS News
Industry ESS News

In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.

The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.

In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.

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Latest News

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Australian government cuts funding for domestic battery manufacturing, retains subsidy for home batteries Unallocated funds will be pulled and used elesewhere by Australia's government.
David Carroll, Tristan Rayner
May 13, 2026
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Mercom: Energy storage companies raise $2.3 billion in Q1 2026 Venture capital funding increased year-on-year, with a 44% jump in deal count. Project acquisitions grew by 227%, with 7.2 GW in total acquired compared to 2.2 GW in Q1, 2025.
Blathnaid O’Dea
May 12, 2026
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Ford Energy announces DC block utility-scale BESS based on 512 Ah LFP cells The automotive giant has formally unveiled Ford Energy, its new battery energy storage subsidiary, alongside initial details of its flagship grid-scale energy storage product.
Marija Maisch
May 12, 2026
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Narada Power faces deepening liquidity crisis after debt defaults, bank account freezes The Chinese battery maker says overdue debt and frozen accounts are affecting its operations.
Vincent Shaw
May 11, 2026
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Swedish company Ingrid secures €35 million to finance its expansion in storage, particularly in France The Swedish energy infrastructure specialist is continuing its European expansion with a bond issue, in order to refinance its debt and support the development of new battery storage capacities, particularly in the French market.
Gwenaelle Deboutte
May 11, 2026
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SoftBank to make next-gen zinc-halogen battery cells in Japan for AI data centers SoftBank's mobile arm is gearing up to scale the intriguing zinc-halogen battery cell chemistry to 1 GWh annual production.
Tristan Rayner
May 11, 2026
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BloombergNEF confirms energy storage has reached the 100 GW era A record year, and an incredibly strong outlook for the energy storage sector.
Tristan Rayner
May 11, 2026

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