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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WEG secures funding for Brazilian battery manufacturing plant
The new plant will increase WEG’s BESS production capacity to up to 2 GWh. Construction is expected to be completed in the second half of 2027. The company aims to serve both the large-scale storage market and the commercial and industrial (C&I) segment.”
Survey: Battery storage operators struggle with performance, data access and supplier accountability
Battery storage analytics specialist Twaice has once again surveyed operators of large-scale energy storage facilities, concluding that operational efficiency is failing to keep pace with the sector’s rapid growth.
From FTM to BTM: The evolving investment case for battery storage
Front-of-the-meter battery energy storage systems (BESS) remain a highly attractive segment particularly for the core plus infrastructure space. That said, Lincoln also sees attractive investment opportunities emerging in the behind-the-meter BESS segment with the potential to deliver superior returns, write Carlos Candil and Carlo de Hass.
Epic Energy, REFNIC partner for lithium-ion battery recycling and second-life facility in India
Epic Energy has selected REFNIC as the technical partner for setting up a lithium-ion battery shredding facility with an installed capacity of 500 kilograms per hour of black-mass production, and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month.
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Equitix-led consortium invests $675M in UK BESS developer, targets 1 GW portfolio
Eelpower Limited joins consortium of public and private sector investors to launch new battery energy storage system (BESS) developer – Eelpower Energy. The developer is targeting final investment decisions on up to 1 GWh of capacity by the end of 2025.
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TagEnergy scoops 6 GW of renewables, energy storage projects with ACE Power acquisition
Portugal-headquartered TagEnergy has acquired German-owned early-stage developer ACE Power, adding approximately 6 GW of battery, wind and solar projects to its already significant portfolio in Australia’s clean energy sector.
Sungrow reports soaring energy storage revenue, plans Hong Kong listing
The Chinese manufacturer has released its 2025 semi-annual report, revealing a significant shift in its business structure: for the first time, revenue from energy storage has surpassed that of power electronic conversion equipment.
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“We are in the process of establishing a sodium-ion battery cell pilot line by 2026″: Macsen Labs CEO
Achal Agrawal, CEO of Macsen Labs, a chemical company making bold strides into battery materials, speaks to pv magazine about the potential of sodium-ion batteries for energy storage, their journey developing Prussian White cathodes, and plans to scale this technology.
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