Industry
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
Market intelligence, innovation, and trust: The manufacturer’s new playbook for staying ahead in Europe’s storage market
Europe’s energy storage market is becoming increasingly segmented, with residential, C&I, and utility-scale growth following distinct country-level policy, economic, and market dynamics. For manufacturers, success increasingly depends on combining market intelligence, downstream partnerships, brand trust, and technological innovation to identify priorities and capture growth through 2027–2028.
19 hours ago
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EU mobilizes €1.5 billion in interest-free loans for European battery cell manufacturing
The European Commission is offering up to €1.5 billion in interest-free loans to support battery cell manufacturing projects across the EEA. The Battery Booster Facility targets new EV battery plants in the production ramp-up phase, with projects eligible for up to €500 million in funding.
US could surpass 100 GW of annual inverter and PCS manufacturing capacity by 2027
BESS in their current form make use of inverters within the power conversion systems, and Chinese supplier accounted for nearly 50% of the market. The FCC's new laws make future products look uncertain, unless made in the USA.
Advanced sodium-ion battery prototypes now approaching 200 Wh/kg
An international team of scientists has reviewed recent advances in sodium-ion battery components, highlighting their potential as a lower-cost, more sustainable alternative to lithium-ion batteries. The researchers identify key challenges including lower energy density, shorter cycle life and manufacturing constraints, while pointing to advances in materials and electrolytes as important to future commercialization.
US grants $490 million loan for 220 MW of battery capacity in Puerto Rico
Storage systems will be located in Arecibo and Santa Isabel. The US government estimates that it will be able to supply backup electricity to more than 100,000 customers and avoid around 13 million hours of service disruptions.
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Sinovoltaics publishes energy storage manufacturer financial stability ranking
Sinovoltaics has released its latest energy storage manufacturers ranking report, based on balance sheet assessments and publicly available financial information. It lists US-based Tesla as number one, followed by South Korean’s LG Energy Solution, Taiwan-based Kung Long Battery, China’s Mustang Battery, along with US-based Solid Power in the top five.
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Envirostream eyes increased recycling revenues after boosting battery volumes
Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.
Battery heavyweights reaffirm commitment to solid-state technology
Only weeks after Chinese battery and car manufacturers united as part of a government-led initiative to commercialize solid-state battery technology, South Korea’s Samsung SDI has confirmed its readiness to start mass production of its all-solid-state battery technology with an energy density of 900 Wh/L.
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