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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Tesvolt battery storage to benefit from “Made in Europe” funding bonus in Austria Tesvolt's new battery modules, each offering 6.25 kilowatt-hours of storage capacity and a scalable design, are set to receive Austria's "Made in Europe" funding bonus. This eligibility stems from their production in Wittenberg, Germany. The bonus will be introduced with the upcoming funding call in June.
Sandra Enkhardt
15 hours ago
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Fluence pauses projects amid tariff uncertainty, revenue decline U.S.-based energy storage company Fluence has revised its earnings outlook and paused certain projects as trade tariff uncertainty weighs on revenue projections. Yet a rapid turnaround could happen given recent tariff decisions.
Tristan Rayner
18 hours ago
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Latin America ‘needs modern grid infrastructure, stable regulation, and pro-investment policy’ Atlas Renewable Energy recently inaugurated the 200 MW/800 MWh 'BESS Del Desierto' project in Chile's Antofagasta region days after closing $510 million to build the 215 MW solar plus 418 MW/1,672 MWh BESS Estepa site. pv magazine spoke with Alfredo Solar, Atlas' regional manager for Chile, about those milestones, the state of the sector, and LatAm's renewables prospects.
Luis Ini
18 hours ago
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Egypt’s 1GW / 200MWh solar-plus-storage project secures EBRD funding The Obelisk project in Egypt continues to advance, with new funding from the European Bank for Reconstruction and Development (EBRD).
Tristan Rayner
19 hours ago
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Falling prices, geopolitic risk define energy storage market Speakers from the NetZero Milan Expo-Summit 2025, that opens tomorrow, have told pv magazine a falling lithium price is putting pressure on emerging battery alternatives such as sodium-ion as the industry shifts from incremental gains in performance to larger battery cells.
Sergio Matalucci
21 hours ago
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CMBlu Energy’s Organic SolidFlow battery picks up an award The battery attempts to combine features from solid-state and flow battery designs for longer output and relatively high powers.
Tristan Rayner
May 12, 2025
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Battery giant CATL aims to raise $4b in Hong Kong public stock listing This move facilitates fundraising, crucial for financing CATL's overseas expansion, notably a large-scale battery manufacturing plant in Hungary and other projects.
Tristan Rayner
May 12, 2025

All Industry news

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U.S. distributed energy storage provider closes $150m finance Mitsubishi UFJ Financial Group (MUFG) provided the funding to help Convergent Energy and Power advance its energy storage and solar portfolio in North America.
Anne Fischer
Dec 13, 2024
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U.S.: Aypa secures financing for 1 GWh Arizona battery, Averon activates 600 MWh Tesla battery Aypa Power has secured $398 million for its 250 MW/1 GWh Pediment battery energy storage system (BESS) and the first phase of Arevon's 758 MWdc solar and 300 MW/1.2 GWh Tesla Megapack BESS project is operational.
Max Hall
Dec 12, 2024
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Brazil’s Klabin and ISI developing battery anode from paper processing byproduct Pulp processing byproduct Kraft lignin could be a promising alternative to China-dominated synthetic graphite in the anodes of lithium-ion batteries.
Alessandra Neris
Dec 12, 2024
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Nofar secures long-term, fixed-price offtake deal for 209 MWh German BESS project The tolling deal is described as the first-ever long-term, fixed-price, flexibility purchase agreement for a battery energy storage system (BESS) in continental Europe.
Marija Maisch
Dec 11, 2024
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Show organizer Renmad set to recognize Italy’s energy storage pioneers pv magazine Italia spoke with ATA Insight, organizer of the Renewables Mad (Renmad) Storage Italia 2025 event, which will be held in Rome in April 2025. The two-day conference will include two storage industry awards.
Lara Morandotti
Dec 11, 2024
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EVE unveils world’s largest BESS factory, focusing on 628Ah battery cell production China's EVE Energy has switched the first phase of its 60 GWh battery manufacturing facility with more than 80 equipment technologies, enabling fully automated and highly efficient production.
Vincent Shaw
Dec 11, 2024
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BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
Marija Maisch
Dec 11, 2024
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Nostromo lands $305m loan guarantee for VPP project with ice storage The loan is intended to finance Project IceBrick, a virtual power plant (VPP) consisting of up to 193 cold thermal energy storage (TES) installations at commercial buildings across California.
Anne Fischer
Dec 11, 2024
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Stellantis, CATL to invest in 50 GWh LFP factory in Spain The joint venture will build a new lithium iron phosphate (LFP) battery plant at Stellantis' Zaragoza plant to the tune of $4.3 billion. Production is scheduled to start in late 2026.
Pilar Sanchez Molina
Dec 10, 2024

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