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
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.
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.
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A 920% tariff on anode materials from China “would throw the economics of U.S. storage out of whack”
Battery installations in the U.S. are threatened by the imposition of anti-dumping, countervailing duties on active anode materials. The supply chain for Active Anode Materials (AAM) is dominated by Chinese producers, with attempts to establish the full supply chain outside of China years away.
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