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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Fluence reports $5.6 billion order backlog as battery pipeline swells Stock price surges as investors cheer 147 GWh pipeline. The pace of orders has doubled in 2026 for the battery energy storage system (BESS) supplier, according to company finances.
Matthew Lynas
8 hours ago
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Startup roundup: $60 million for UK battery maker, €15 million for Danish optimizer A Cambridge University spinout with proprietary anodes gets funds to power robots and AI data centers, while a Danish energy trader and battery optimizer prepares for German expansion.
Matthew Lynas
9 hours ago
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US FEOC, uncertainty and constraints: Real estate capital for energy storage developers is more critical than ever As energy storage developers navigate the tightening squeeze of FEOC compliance and a bifurcated lending market, unlocking the embedded value of project real estate is emerging as a critical, non-dilutive strategy for securing the pre-construction capital needed to meet 2026 supply chain deadlines.
Laura Pagliarulo
11 hours ago
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Shaanxi state-owned unit rolls out 3,777 Ah LFP storage cell in China The first batch marks the start of mass production for a 2 GWh line targeting ultra-large-format storage batteries.
Vincent Shaw
11 hours ago
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India roundup: 500 MWh project awarded, new battery recycling facilities India's battery industry continues to ramp up with a new 250 MW project awarded, and a critical minerals recycling plant for batteries being set up at a cost of $25 million.
Uma Gupta
13 hours ago
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Longer-duration BESS finds footing in Germany’s toll market BlackRock‑backed developer Akaysha Energy says lenders require 60% to 80% contracted revenue before committing project debt to utility‑scale battery energy storage system (BESS) projects in Germany – a threshold that structured offtake products borrowed from its home market can meet.
Brian Publicover
May 07, 2026
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Huawei, AIS sign Egypt deal to localize grid-forming BESS manufacturing The MoU targets local production, component localization, and workforce training for Egypt’s growing storage market.
Vincent Shaw
May 07, 2026

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OMC Power, Honda Motor partner on energy storage solutions from repurposed EV batteries OMC Power, a distributed renewable energy (DRE) company targeting 1 GWp clean energy portfolio in India, and Honda Motor have partnered on innovative business models in energy storage and battery repurposing from the electric mobility ecosystem.
Uma Gupta
Oct 28, 2025
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Tesla Energy up 84%, 43.5 GWh deployed last 12 months, breakout Q4 quarter coming Tesla’s energy division continued its growth trajectory, marking its largest quarter yet as it deployed 12.5 GWh of energy storage while outlining plans for new factories and product lines.
John Fitzgerald Weaver
Oct 28, 2025
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Spanish large-scale energy storage call backs more than 11 GWh of projects Battery energy storage systems (BESS) accounted for 124 of 144 projects backed by European Regional Development Fund (ERDF) cash.
Pilar Sanchez Molina
Oct 27, 2025
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Foxconn expands into energy storage business with launch of Fox EnerStor brand The Taiwanese multinational electronics manufacturer has unveiled its first commercial, industrial (C&I), and utility-scale battery storage products.
Vincent Shaw
Oct 27, 2025
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Another 1.4 GWh of US energy storage, $350m of battery-related investment Utility Georgia Power is forging ahead with plans for battery energy storage systems (BESS), Canadian Solar-owned Recurrent Energy has secured $825m for a storage project and a solar site, and developer and battery materials firm Redwood Materials has attracted new investment.
Max Hall
Oct 24, 2025
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EBRD takes first merchant battery stake with $19.5m Croatia deal The European lender will take a €16.8m ($19.5m) stake in the IE-Energy Projekt in Šibenik, as part of €50.1m of announced funding for the up-to-60 MW battery energy storage system (BESS).
Max Hall
Oct 24, 2025
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Brazilian development bank lends Ion Energia $22m for BESS rollout The funds will back the rollout of storage systems without any capital costs for the customer.
Lívia Neves
Oct 24, 2025
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France backs 55 MW battery for Togo The French Development Agency (AFD) and the Global Energy Alliance for People and Planet (GEAPP) will support a 55 MW battery pilot project which could be replicated across the continent.
Gwenaelle Deboutte
Oct 23, 2025
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Investors commit $8m to Italian offshore-pumped-hydro storage Described as drawing upon a 'practically unlimited resource' – ocean depth – Milan-based Sizable Energy says its offshore technology offers the world's cheapest long-duration energy storage (LDES).
Max Hall
Oct 23, 2025

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