Latest news about ESS Industry - Page 24 of 47 - Energy Storage

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.

Latest News

Sodium-ion batteries

Consultation over 5 GWh French sodium-ion battery factory Startup Tiamat wants an initial 700 MWh-per-year pilot line operational but a 2025 commissioning date will likely be pushed back into next year.

Apr 25, 2025

Finance

Finance and construction updates from 2 GWh of US batteries Spearmint Energy has secured $252 million funding for a battery energy storage system (BESS) in Texas, Trina is supplying a 371 MWh BESS in Houston, EDF has sourced long-term funding for an operational site in California, and Strata and Power Sustainable Energy Infrastructure Inc. (PSEI) have broken ground on a solar-plus-storage project in Arizona.

Apr 25, 2025

Exowatt P3

Manufacturing

Thermal storage startup Exowatt gets funding injection from Silicon Valley VCs The interest from Silicon Valley comes as data centers require rapid sources of new supply, with funding supporting a U.S. domestic manufacturer of thermal energy storage. However, the technology faces competition from solar PV and batteries.

Apr 25, 2025

Grid-scale

Metlen sells 1.61 GWh of Chilean batteries as part of storage and solar portfolio The battery energy storage systems (BESS) are under construction and their completion, due this year, will close the $815 million sale.

Apr 25, 2025

Finance

Mercom: Energy storage funding fell off a cliff in Q1 A sector which attracted $11.7 billion in funding and merger and acquisition (M&A) activity in the first quarter of last year secured only $2.2 billion in January through March this year, according to the analyst.

Apr 24, 2025

Finance

CATL posts strong Q1 results amid policy headwinds The Chinese battery giant reports record net profit and rising global sales but faces inventory pressure and US tariff risks.

Apr 23, 2025

Finance

Battery storage prices fall as demand grows in Italy, says industry Italian industry players saw energy storage systems fall in price in 2024, but 2025 may be a different story.

Lara Morandotti

Apr 22, 2025

Battery Business & Development Forum

Europe’s grid-scale battery storage market is evolving at lightning speed.

Join Conexio-PSE and pv magazine on July 16 in Frankfurt (Main) to discuss key challenges for project developers and capital providers in a condensed one-day format – with a focus on Germany and Italy.

Includes a networking reception the night before. Register Now!

pv magazine Global April edition 2025

Purchasing power

The April edition of pv magazine Global is out now!

Available in print and digital – get your copy today!

pv magazine Awards 2025

pv magazine Awards 2025

Window is open now!

This year we will accept entries across seven categories: Modules, Inverters, Balance of System (BoS), Battery Energy Storage Systems (BESS), Manufacturing, Sustainability, and Projects.

March 05 – August 31, 2025

Media Kit 2025

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pv magazine Focus 2025

1-Day Conference

1:00 – 5:00 pm, CEST | May 8, 2025 The smarter E Europe, ICM Conference Center, Munich, Room 13

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Visit us at Intersolar Europe

We are participating in Intersolar 2025 again this year!

Visit us at our Booth Hall 2 A2.250 to discuss the latest trends within the photovoltaic industry with the pv magazine team.

May 07-09, 2025 | Munich, Germany

Media Kit 2025

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Showcase your brand across all our platforms: from 13 websites in 7 languages to our magazines, daily newsletters, industry events, and more. Reach your audience the right way!

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All Industry news

Finance

SolarEdge announces closure of its Energy Storage Division SolarEdge will shutter its energy storage unit and manufacturing, cutting 500 jobs.

Nov 27, 2024

Policy

US Energy Department $290m loan guarantee for Sunwealth virtual power plant The conditional loan guarantee will help deploy up to 1,000 solar and battery energy storage systems (BESS) in a virtual power plant across up to 27 states.

Nov 27, 2024

Manufacturing

EU expects battery pack price of less than $100/kWh by 2026/27 The prediction was included in the "Battery technology in the European Union: 2024 status report on technological development, trends, value chains and markets" report, by the EU Clean Energy Technology Observatory (CETO).

Pilar Sanchez Molina

Nov 26, 2024

Grid-scale

Tolling agreement for 600 MWh New Mexico project, financial close for 400 MWh California battery Two standalone grid-scale battery energy storage system (BESS) projects in the US have reached important milestones this week.

Nov 26, 2024

Industry

MET Group buys French BESS company Comax Swiss energy company MET Group has acquired a 100% stake in Comax, and will now oversee the deployment of the French company’s multi-megawatt project pipeline.

Blathnaid O’Dea

Nov 26, 2024

Manufacturing

Great Power invests in 10 GWh battery storage manufacturing facility in China The Chinese battery manufacturer says it is aligning its expansion plans with the anticipated market growth. However, its latest financial report reveals available cash of CNY 1.378 billion, significantly below the CNY 8.8 billion required for its announced projects.

Nov 25, 2024

Manufacturing

Battery maker Gotion in sights as US Congress members try to block 45X tax credit Congressmen John Moolenaar and Jared Golden have introduced a new bill that aims to halt advanced manufacturing tax credits.

Nov 25, 2024

Finance

Northvolt CEO steps down following bankruptcy filing Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring process and is seeking new sources of funding.

Nov 22, 2024

R&D

Eku Energy gives Australian National University $326,000 for battery research London's Eku Energy has committed AUD 500,000 ($326,000) to the battery energy storage and grid integration program at the university as construction begins on the Williamsdale big battery.

Nov 22, 2024

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