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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Northland Power closes financing for 1.2 GWh battery storage projects in Poland With construction underway and certain risks now behind it, Northland's Polish battery storage portfolio has secured financing for the project.
Tristan Rayner
3 hours ago
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Hebei Juhang and Kohinoor Energy plan battery manufacturing plant in Pakistan Chinese battery manufacturer signs memorandum of understanding (MoU) with Kohinoor Energy Limited for assembly and manufacturing plant. The MoU comes as Pakistan’s energy regulator mandates battery energy storage systems (BESS) in its next solar and wind tender.
Matthew Lynas
Oct 02, 2026
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CBAK Energy to add 12 GWh sodium-ion cell production capacity in Nanjing Chinese lithium-ion battery manufacturer signs investment agreement with Nanjing Gaochun Economic Development Zone. Separate 6 GWh expansion planned for existing Nanjing facility expected by year-end 2026.
Matthew Lynas
Oct 02, 2026
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Batteries from Canadian Solar
Copenhagen Infrastructure Partners backs 1.4 GWh battery in Scotland Copenhagen Infrastructure Partners (CIP) has made a final investment decision (FID) on a four-hour battery energy storage system (BESS) in Scotland, which it says will be the longest-duration asset in its UK fleet.
Brian Publicover
Oct 02, 2026
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Shared grid connections concentrate battery insurance risk Tokio Marine GX (TMGX) sees exposures of up to billions of dollars building up at co-located battery energy storage system (BESS) sites, and says lenders are only beginning to require cyber cover.
Brian Publicover
Oct 01, 2026
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Wärtsilä and RCT Solutions launch storage integrator Valo Wärtsilä has moved its battery energy storage system (BESS) business into a 50/50 joint venture with RCT Solutions, which it expects to remain loss-making until late 2027.
Brian Publicover
Oct 01, 2026
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Hoymiles doubles down on storage in Europe after H1 loss Chinese microinverter maker Hoymiles is promoting its commercial and industrial (C&I) and utility-scale battery energy storage systems (BESS) across Europe, as storage grows to more than three-quarters of its sales.
Brian Publicover
Sep 30, 2026

All Industry news

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Workers assembling batteries
Eos Energy lands $315.5 million investment to expand its LDES market footprint  New York-based Cerberus Capital Management’s investment will enable Eos Energy to restructure some existing debts as it aims to capitalize on increased global demand for long-duration energy storage services. 
Blathnaid O’Dea
Jun 26, 2024
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Quantum 2 battery energy storage
In Conversation: Wärtsilä’s strategy of concentration Go big or go home might be the new motto in the battery energy storage industry, but some players are taking a more thoughtful approach. pv magazine ESS News caught up with Wärtsilä Energy Storage & Optimisation (ES&O) at last week’s Smarter E in Munich to discuss its business and technology strategies.
Marija Maisch
Jun 26, 2024
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Pacific Green battery energy storage containers
Pacific Green enters Polish energy storage market to explore widening revenue opportunities UK renewables developer Pacific Green Technologies plans to acquire a majority stake in two 50 MW Polish battery energy storage projects from an unnamed international developer.
Marija Maisch
Jun 26, 2024
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Large battery energy storage by Fluence
In Conversation: Fluence mulls manufacturing in Europe While it may be cheaper and easier in China, battery manufacturing in Europe has its appeal. pv magazine ESS News caught up with Fluence at the last week's Smarter E in Munich to discuss its expansion plans.
Marija Maisch
Jun 25, 2024
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Battery storage systems
The Mobility House, GESI to deliver 8 GW of battery storage in Germany The portfolio is to be implemented by a joint venture between the two companies by 2035. The Mobility House will contribute its experience in commercilization of the batteries, while GESI will handle project coordination and financing.
Jochen Siemer
Jun 25, 2024
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Container with battery energy storage systems is placed on a trailer
In Conversation: Weight – a new challenge for BESS in Europe Driven by the demand for higher efficiency and cost reduction, large-scale battery energy storage systems are increasigly featuring higher capacity cells. This has given rise to new challenges on the logistics front, particularly on the European soil. pv magazine ESS News caught up with Trina Storage at last week's Smarter E show to discuss this.
Marija Maisch
Jun 24, 2024
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Varta energy storage
Varta cuts revenue forecast amid storage market slowdown German battery maker Varta AG has revised its revenue forcast for fiscal year 2024 due to a "significant deterioration" in the energy storage market environment.
Marija Maisch
Jun 24, 2024
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Three men signing the agreement
Plans for BESS assembly plant in Nigeria RIPLEnergy Company has signed a Memorandum of Understanding with GIB EnergyX Slovakia s.r.o. to co-develop an assembly plant in Nigeria. The new plant should supply Battery Energy Storage Systems (BESS) in support of RIPLE’s Renewable Energy investments to supply commercial and industrial demand for 24/7 electricity.
Carrie Hampel
Jun 21, 2024
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Global Battery Alliance Logo
Global Battery Alliance launches Battery Passport pilots The Global Battery Alliance (GBA) has just launched the second wave of its Battery Passport pilots, which includes 11 pilot consortia. This second wave will establish the Minimum Viable Product of the GBA Battery Passport with a product-level ESG (Environment, Social, Governance) score.
Carrie Hampel
Jun 21, 2024

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