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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Voltwise acquires SMS battery storage portfolio, adding 630 MWh in the UK Voltwise adds 460 MW / 630 MWh to its growing portfolio of battery energy storage assets
Tristan Rayner
1 hour ago
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Eku Energy enters New Zealand with 300 MW battery project acquisition Eku Energy has bought a major battery energy storage system (BESS) in New Zealand's North Island to build out its storage assets.
Tristan Rayner
3 hours ago
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BW ESS, Ibersun to develop 2.2 GW of battery storage in Spain BE ESS steps into the Spanish market for the first time, with Ibersun as the developer. The partners will co-own projects equally.
Tristan Rayner
6 hours ago
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Australian state offers $32.5M in grants and loans to bolster local battery manufacturing The Western Australian government has committed funding to scale up the local battery manufacturing industry to take advantage of an expected surge in demand for household energy storage systems.
David Carroll
7 hours ago
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In a world of low-cost batteries, performance matters Oversupply of lithium-ion battery precursor and active materials – and of lithium iron-phosphate (LFP) batteries, especially in China – has driven energy storage system costs down, fueling a record 330 GWh of battery energy storage system (BESS) shipments in 2024. Edward Rackley, head of the energy storage team at Business intelligence specialist CRU, shares his analysis.
Edward Rackley
Jun 20, 2025
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Skeleton Technologies develops new GrapheneGPU battery for AI data centers The use of the German-made supercapacitor-based high-performance battery is expected to reduce the energy consumption of AI data centers by 44 percent and at the same time increase computing power by 40 percent. This is made possible by control software that stores energy during idle times and releases it at peak times.
Sandra Enkhardt
Jun 20, 2025
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Taiwan eyes domestic battery sector boost with behind-the-meter grid-scale energy storage incentives The Taiwanese government may offer storage capacity incentives on a per MWh basis.
Max Hall
Jun 20, 2025

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Pacific Green completes sale of 500 MWh Australian battery The Limestone Coast North Energy Park (LCNEP), which has been bought by Intera Renewables, has an enterprise value of AUD 460 million ($292 million).
Ev Foley
Mar 21, 2025
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CATL reports profit growth despite revenue decline, announces $2.8bn dividend plan The world's leading battery maker sees profit rise 15% in 2024, driven by cost efficiencies and technology advancements, while expanding its global footprint with a $5 billion Hong Kong listing plan.
Vincent Shaw
Mar 20, 2025
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More than $600m for four US utility-scale batteries Recurrent Energy, Jupiter Power and Peregrine Energy Solutions have secured finance for a cumulative 550 MW of utility-scale battery energy storage projects, which will take shape in Texas, Michigan, and an undisclosed location. Two of the planned sites are set to operate on a merchant basis.
Max Hall
Mar 19, 2025
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‘EU aim of 90% European batteries by 2030 is way off’ European battery cell demand could hit 1 TWh per year by 2030 so domestic manufacturing capacity is vital to avoid dependence on Asia. Germany's Fraunhofer Institute for Systems and Innovation Research (ISI) says the European Union's 90% local battery target will be missed in half of its modeled scenarios.
Sandra Enkhardt
Mar 19, 2025
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Australia’s Altech secures permit to build sodium-ion battery factory in Germany The German subsidiary of the Perth-based sodium chloride solid-state battery specialist is moving ahead with its plans to build a 120 MWh production plant in Saxony, Germany. The project is expected to amount to around €156 million ($170 million).
Marija Maisch
Mar 19, 2025
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Two landmark financing deals for UK BESS total GBP 400 million Constantine Energy Storage closes GBP 180 million financing deal for 9-asset UK battery energy storage system (BESS) portfolio, while Zenobe announces GBP 220 million finance deal for a standalone BESS in the Scottish Borders.
Matthew Lynas
Mar 19, 2025
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Foresight Group preps $248m offer for Harmony’s British batteries Yorkshire-based energy storage developer Harmony Energy Income Trust plc has installed seven battery energy storage systems (BESS) in England and one in Scotland. It has been attempting to sell its assets since May 2024.
Max Hall
Mar 18, 2025
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EU approves Spain’s €700m energy storage subsidy plan The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.
Pilar Sanchez Molina
Mar 18, 2025
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UK’s largest solar and storage project secures financial close Quinbrook completes financing for Cleve Hill Solar Park in Kent, England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025. The developer claims contract for difference, capacity market and power purchase agreements (PPAs) were critical to securing project financing.
Matthew Lynas
Mar 17, 2025

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