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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Matrix secures financing for 500 MW Scotland project; Tavion raises funds, secures 1.7 GW Poland pipeline Fresh financing is flowing towards battery storage developers in Europe with ambitious deployment plans.
Marija Maisch
Apr 30, 2026
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587 Ah vs. 588 Ah: the difference is more than 1 Ah The new LFP formats reflect two competing paths for large-scale storage: standardization first, or long-duration optimization.
Vincent Shaw
Apr 29, 2026
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Beyond the cell: The evolution of battery costs For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Yet with rising costs for battery cells, the opposite might be expected. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
Paola Perez Peña
Apr 29, 2026
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CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
Marija Maisch
Apr 28, 2026
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Eos battery with an American flag.
US medium duration storage endures woes, while Form’s long duration grows, and lithium overflows U.S. medium and long duration manufacturers EOS and ESS are showing stress, while Form Energy is outpacing projections and now must scale – all while being stalked by lithium’s ever widening use profile.
John Fitzgerald Weaver
Apr 28, 2026
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Dyness battery container stolen from BM Energy logistics partner, units to be remotely blocked A market alert for the attention of installers, distributors and traders in the solar and storage market.
Tristan Rayner
Apr 27, 2026
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Grenergy signs 12 year tolling deal for Spanish hybrid project with 680 MWh BESS The new tolling agreement is likely the most significant for co-located battery storage in Europe in terms of both project size and contract duration.
Marija Maisch
Apr 27, 2026

All Industry news

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Indian startup Meine Electric raises $750,000 for iron–air long-duration energy storage Indian energy storage startup Meine Electric has raised $750,000 (INR 6.7 crore) in a pre-seed funding round to support its transition from laboratory-scale prototypes to pilot-ready iron–air battery systems.
Uma Gupta
Jan 23, 2026
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Alpiq acquires France’s largest operational battery storage project UK-based developer Harmony Energy has successfully sold another French 100 MW / 200 MWh battery energy storage project to Swiss utility Alpiq.
Marija Maisch
Jan 22, 2026
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Acquisitions in Australia: CleanPeak buys up storage projects, Engie buys out Eku Energy at Hazelwood BESS CleanPeak Energy has acquired five new solar farm and battery energy storage system development sites from Fortitude Renewables, while Engie has bought out Eku Energy’s minority stake a 150 MW / 150 MWh Hazelwood battery energy storage system.
Ev Foley
Jan 22, 2026
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Greenvolt secures financing for Hungary’s largest BESS Greenvolt Power has signed €58.9 million ($69 million) in project finance facilities with UniCredit Bank Hungary for the development of a 99 MW/288 MWh standalone battery energy storage system (BESS), set to be Hungary’s largest to date.
Patrick Jowett
Jan 21, 2026
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NeoVolta, PotisEdge, and LONGi partner on 8 GWh battery manufacturing facility in Georgia The partnership with PotisEdge and LONGi marks NeoVolta’s first move into domestic manufacturing.
Phoebe Skok
Jan 21, 2026
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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.
Uma Gupta
Jan 21, 2026
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Terralayr secured major funding to scale its battery storage ambitions The company raised a headline figure of €192 million, though the initial investment is €112 million, and if projects progress as planned, a further €80 million may follow.
Tristan Rayner
Jan 20, 2026
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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.
Patrick Jowett
Jan 20, 2026
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Polish solar industry warns draft grid connection legislation could hurt storage and renewables buildout Polish Photovoltaic and Energy Storage Association (PSFiME) says proposed changes to Poland’s energy law would impose high upfront costs on developers, raising market entry barriers and unfairly favouring large, well-capitalized players.
Tristan Rayner
Jan 19, 2026

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