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
INTERVIEW: Hithium’s sodium-ion storage push, where it could win, where it won’t, and path to bankability
In this interview with ESS News, Hithium’s Leb Lan discusses the company's advances, where sodium-ion could compete with LFP, and what still needs proving. Lan says validation of the new generation is planned and safety testing is ongoing, but is light on detail around pricing figures and engagement with insurers.
19 hours ago
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Enerparc attracts more than 100 potential investors as insolvency sale moves forward
More than 100 potential investors have expressed interest in insolvent German solar and storage developer Enerparc, with initial bids already submitted and a first transaction targeted for December. The sale could include solar portfolios, project pipelines and key subsidiaries, while financing challenges and potential creditor losses remain unresolved.
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.
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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.
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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