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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Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.
Marija Maisch
8 hours ago
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Australian redox flow battery maker Allegro secures fresh cash to scale to mass production The New South Wales (NSW)-based startup wants to enter mass production with products featuring a microemulsion electrolyte made of cheap, easily available and recyclable, non-toxic, and non-flammable materials.
Max Hall
8 hours ago
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Go with the flow (batteries) There is a gap in the market for long-duration energy storage (LDES), according to US-based manufacturer ESS Inc. – one which can’t be plugged with lithium-ion chemistry. Hugh McDermott, of ESS Inc. tells pv magazine how he thinks iron flow batteries fit into the energy system of the future, as the company pursues global expansion.
Matthew Lynas
15 hours ago
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Accure raises $16 million, secures 730 MWh of Texas contracts In its next stage of growth, the German company is looking to scale its battery energy storage system (BESS) safety and performance offerings across Europe, Americas and Asia Pacific.
Marija Maisch
Feb 12, 2025
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KPIT, Trentar partner on 3 GWh sodium-ion battery plant The technology transfer agreement includes Trentar investing in a 3 GWh manufacturing facility and KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.
Uma Gupta
Feb 12, 2025
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CATL initiates listing on Hong Kong stock exchange The Chinese battery maker could raise north of $5 billion from its Hong Kong listing. Part of the funds will be used to advance the company's planned manufacturing facility in Hungary.
Marija Maisch
Feb 12, 2025
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BlackRock launches fund for energy storage stocks The global investment giant has launched its iShares Energy Storage and Hydrogen exchange-traded fund (ETF) on the Amsterdam stock exchange. The BlackRock fund will track the Stoxx Global Energy Storage and Hydrogen index.
Max Hall
Feb 12, 2025

All Industry news

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Primergy closes $225m finance for US solar-plus-storage portfolio The sum includes a $125 million tax credit sale for Gemini, one of the largest solar-plus-storage facilities operating in the United States.
Anne Fischer
Nov 05, 2024
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Equity investment and credit line boost battery industry players Verkor and Jupiter French battery manufacturer Verkor is planning a gigafactory in Dunkirk and Texan energy storage developer Jupiter says it has a large scale pipeline running to more than 12 GW.
Max Hall
Nov 04, 2024
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Subsea pumped storage tech secures funding from US, German governments A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology.
Marija Maisch
Nov 01, 2024
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Solid-state batteries enter pilot production, costs expected to drastically drop The latest findings from Taipei-based intelligence provider TrendForce show that all-solid-state battery production volumes could have GWh levels by 2027. The rapid expansion will lead to cell price declines, reaching CNY 0.6-0.7/Wh ($0,084-$0,098) level by 2035.
Marija Maisch
Oct 31, 2024
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Volvo set to buy out Northvolt from Gothenburg battery project With Northvolt struggling to manage its capital requirements, Volvo Cars has announced it will buyout the company to take control of the Novo Energy venture to build a battery plant in Gothenburg.
Tristan Rayner
Oct 30, 2024
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UK’s Low Carbon sells 6 GW Dutch battery storage portfolio The supersized portfolio of battery energy storage projects in various development stages will help balance supply and demand on the Dutch saturated grid under the baton of its new owner, S4 Energy.
Marija Maisch
Oct 29, 2024
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Li-S Energy nears 500 Wh/kg with lithium-sulphur battery tech Australian battery tech company Li-S Energy has announced a major improvement in the performance of its lithium-sulphur battery technology with its latest iteration achieving an energy density close to 500 Wh per kilogram.
David Carroll
Oct 29, 2024
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AnteoTech’s secures funding for its silicon-dominant battery anode tech Queensland-based energy tech company AnteoTech has secured almost AU$4 million in funding from the Australian Renewable Energy Agency to help fast-track the development of its silicon-dominant lithium-ion battery anode technology.
David Carroll
Oct 29, 2024
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CALB sues CATL over patent infringement in escalating battery rivalry Until now, CALB had been the defendant in multiple patent infringement cases initiated by CATL, but this time, CALB is the plaintiff. The damage CALB is seeking is significantly higher than the total RMB 700 million (€91 million) CATL previously claimed in six patent infringement cases against CALB.
Vincent Shaw
Oct 28, 2024

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