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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

Products

Vikram Solar’s PowerHive launches EV, energy storage lithium battery range PowerHive, the battery and energy storage arm of Vikram Solar, has launched its VION lithium battery product range, marking the company’s entry into distributed battery storage for electric mobility and residential energy backup.

Mar 12, 2026

Manufacturing

Hithium to invest €400 million in Spanish mega battery factory Chinese multinational Hithium is considering building a battery and energy storage systems manufacturing plant in Navarra, with an initial investment of around €400 million and the potential to create up to 1,050 jobs across two development phases.

Pilar Sanchez Molina

Mar 11, 2026

Manufacturing

From cell production to energy trading: Volkswagen launches its first large-scale battery storage project The “Elli Power Center” in Salzgitter may not be large, but it is significant: the Volkswagen Group intends to become an “integrated energy player,” combining activities from battery cell production to the marketing of energy storage within a single corporate structure.

Mar 10, 2026

Finance

CATL sold 661 GWh of lithium-ion batteries in 2025, reports profit growth Chinese energy storage giant reports increased revenue and profits in 2025. Significant new manufacturing capacity expected to be under construction by the end of the year.

Mar 09, 2026

Grid-scale

Romania: Financial close for 1 GWh co-located battery; construction starts on 116 MWh BESS retrofit Vienna-based IPP Enery has secured €460 million green financing for one of Europe's biggest hybrid solar-and-storage project, while Denmark’s Eurowind Energy has kicked off installation of its 120 MWh Teiuș battery system, highlighting major momentum in Romania’s renewable energy transition.

Mar 04, 2026

Finance

Hold-type ABS for battery storage hits Shanghai Exchange, pioneering new financing path Canadian Solar-linked deal marks a financing milestone for standalone energy storage, though issuance still faces cash-flow and liquidity tests.

Mar 03, 2026

Grid-scale

TotalEnergies sells 50% stake in 1.6 GWh German battery portfolio to AllianzGI This is Allianz´s first direct equity investment in a portfolio of utility-scale battery storage projects.

Mar 03, 2026

Upcoming Webinar+

Wednesday, 29 April 2026

This ticketed webinar on April 29 will unpack the incident in detail and offer practical strategies to prevent the cyberattack. We will examine the weaknesses and vulnerabilities that allowed the hackers to cause harm, and discuss why the generation was not directly manipulated.

Regular price: 99.00 EUR net.

3:00 pm – 4:30 pm CEST, Berlin, Madrid, Paris

pv magazine Global March Edition 2026

New March issue – Now available

The March issue of pv magazine Global is out now!

Available in print and digital – get your copy today!

pv magazine Focus 2026 announcement box

pv magazine Focus 2026

1-Day Conference

High-level discussions on solar and energy storage across Europe. Experts explore how to plan and execute bankable BESS projects, what quality and warranty factors matter, and how energy management systems optimize residential and C&I applications, including heat pumps, EV charging, and new market opportunities.

1:00 – 5:00 pm, CEST | June 24, 2026

The smarter E Europe, ICM Conference Center | Munich, Germany

Register For Free

Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 Frankfurt and gain insights into evolving business models, financing strategies, and market trends.

March 31 – April 1, 2026 | In Person Event

Hotel Meliá Frankfurt City | Frankfurt am Main, Germany

SunRise Arabia Conference 2026

SunRise Arabia Clean Energy Conference 2026

Saudi Arabia is accelerating its clean energy transition. Join the third SunRise Arabia Clean Energy Conference in 2026 to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy, including data centers. Policymakers, investors, and innovators will share insights on technology, deployment strategies, and long-term value creation in Saudi Arabia’s evolving energy landscape.

9:00 am – 6:00 pm, AST | April 22, 2026

Riyadh, Saudi Arabia

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All Industry news

Imperial Assembly building (Reichstag)

Industry

Germany: Multi-billion dollar energy hub planned with co-located solar and up to 2.8 GWh storage, plus AI data center A new project in Germany will see the phased installation a massive 500 MW / 1750 MWh battery energy storage system, and a new AI data center, all set to be developed by 2028.

Sandra Enkhardt

Aug 14, 2025

Industry

Grid-scale energy storage could cut energy bills in Central U.S. by $7 billion The Southwest Power Pool is expected to have the largest increase in peak demand among grid regions in the United States. Energy storage can help serve this demand cost effectively, said Aurora Energy Research.

Aug 14, 2025

Industry

Old coal mine will host 270 MWh co-located storage project after environmental approval in Australia A 135 MW solar park and 135 / 270 MWh battery will be built by OX2 Australia, part of the Swedish renewable player OX2.

Aug 14, 2025

Grid-scale

Acme Solar Holdings secures $363 million in funding for 280 MW solar-plus-storage project The funding comes from REC Ltd, and marks a third round of funding for Acme Solar's growing portfolio.

Aug 13, 2025

Markets

Brazil’s electricity regulator delays decision on storage regulation amid grid tariff dispute Aneel postpones ruling on energy storage tariffs, with debate focusing on transmission charge treatment and limits.

Aug 13, 2025

Finance

Qair secures financing for 60 MW hybrid solar-plus-storage projects in Mauritius The four projects in the Stor’Sun initiative that Qair won in 2024 are now funded, and will aim to provide a consistent 12-hour energy output.

Aug 13, 2025

Grid-scale

PGE completes 1.9 GWh of battery storage projects in Oregon with Seaside’s 800 MWh now operating The new portfolio consists of three four-hour duration projects finalized through the utility's 2021 all-source RFP.

Aug 13, 2025

Finance

Zero upfront cost solar-plus-storage startup receives $44 million in funding, aims to deploy 40 MWh Clean energy infrastructure startup National Renewable Network (NRN) has secured $44 million in fresh funding to accelerate the rollout of no-cost solar and battery energy storage systems across Australia.

Aug 13, 2025

Industry

FlexGen to acquire assets from bankrupt rival Powin Energy After Powin’s filing for Chapter 11 bankruptcy earlier this summer, the courts approved FlexGen’s bid to purchase Powin’s software, hardware and information technology systems.

Aug 12, 2025

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