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
19 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
21 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
22 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
23 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
May 08, 2026
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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

All Industry news

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IPS inaugurates Bulgaria’s first battery storage gigafactory The manufacturing facility has launched with 3 GWh annual capacity, set to expand to 5 GWh by Q2 2026.
Marija Maisch
Oct 13, 2025
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Plans announced for 245 MWh of battery storage projects in Croatia, Serbia The Croatian government has allocated almost €20 million ($23.2 million) of European Union Modernization Fund grants to help complete a 60 MW/120 MWh battery energy storage system (BESS) at an aluminum rolling mill site days after plans were revealed for a utility-scale battery storage system in the Serbian city of Leskovac.
Max Hall
Oct 13, 2025
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US energy storage businesses secure more than $1 bn in flurry of deals Eolian, Energy Vault, NineDot and Greenflash have secured more than a billion dollars between them to advance their energy storage plans.
Ryan Kennedy, Max Hall
Oct 10, 2025
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India’s Avaada Group to invest $4.3 billion in renewables, BESS projects Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore ($4.3 billion).
Uma Gupta
Oct 09, 2025
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Base Power hauls in $1 billion to take its distributed home battery model beyond Texas The two-year-old power company has deployed more than 100 MWh of residential battery capacity across Texas, pooling thousands of installs in homes into a grid resource as a virtual power plant. It will now expand the model nationally in the US.
Tristan Rayner
Oct 09, 2025
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Nala Renewables acquires 250 MW Finnish ready-to-build battery portfolio The acquisition of ready-to-build projects from Fu-Gen will boost Nala’s battery storage capacity to more than 300 MW in the country.
Tristan Rayner
Oct 09, 2025
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Brazilian law reignites debate on framework for energy storage Provisional measure (MP) 1,304 introduces a charge for certain distributed-generation (DG) system operators if an Energy Development Account (CDE) spending cap is breached.
Alessandra Neris
Oct 09, 2025
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“Storage is becoming the way forward in India” The 18th Renewable Energy India Expo, co-located with the third Battery Show India, returns to the India Expo Centre in Greater Noida from Oct. 30 to Nov. 1, 2025. Ahead of the event, pv magazine spoke with Rajneesh Khattar, senior group director of energy and construction portfolio at Informa Markets, about India’s latest moves in solar and storage.
Mark Hutchins
Oct 09, 2025
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Sungrow initiates Hong Kong listing, targets HK$987 million raise As part of a dual-listing strategy, the Chinese manufacturer has officially filed its application for an initial public offering on the main board of the Hong Kong Stock Exchange, aiming to fuel its global expansion.
Marija Maisch
Oct 08, 2025

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