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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LG and GM pivot Ultium Cells JV to LFP battery production for US storage market at Tennessee plant LG Energy Solution and GM are converting part of their Spring Hill battery joint venture to LFP production for energy storage, as another North American battery manufacturing plan shifts from EVs toward stationary storage.
Tristan Rayner
Mar 18, 2026
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US says China is not pricing out American battery anode makers, ITC votes against AD/CVD tariffs The U.S. International Trade Commission (ITC) has blocked the imposition of anti-dumping and countervailing duties on Chinese active anode material (AAM), providing a massive sigh of relief for the domestic battery storage sector.
Tristan Rayner
Mar 17, 2026
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SolaREIT expands land financing to substations and transmission corridors for US solar, storage Real estate financing models are expanding beyond project sites, opening another source of capital for developers facing a crunch in funding for big new projects.
Tristan Rayner
Mar 17, 2026
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Australian long-duration thermal energy storage tech lands $11.9M in scale up funding New South Wales-based thermal energy storage system developer MGA Thermal intends to rapidly scale its manufacturing capacity and commercial capability after securing $17 million in new funding.
David Carroll
Mar 16, 2026
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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.
Uma Gupta
Mar 12, 2026
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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
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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.
Jochen Siemer
Mar 10, 2026

All Industry news

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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.
Tristan Rayner
Aug 13, 2025
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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.
Tristan Rayner
Aug 13, 2025
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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.
David Carroll
Aug 13, 2025
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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.
Rachel Metea
Aug 12, 2025
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Indonesia announces bold 320 GWh distributed battery storage plan The new initiative features plans for 1 MW solar minigrids tied with 4 MWh of accompanying battery energy storage, to be deployed across 80,000 villages, alongside 20 GW of centralized solar power plants.
Patrick Jowett, Tristan Rayner
Aug 11, 2025
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Apatura gains approval for new 48 MWh battery storage site near Glasgow, Scotland Apatura has secured planning approval for its twelth battery storage project in two years; a new 24 MW BESS in the outer districts of the city of Glasgow, in the UK.
Tristan Rayner
Aug 11, 2025
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Sinovoltaics updates financial stability ranking of energy storage manufacturers The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.
Valerie Thompson
Aug 11, 2025
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Gresham House, Thurcroft battery storage site
Gresham House reaches 1 GW operational BESS in the UK Energizing new projects sees storage fund portfolio breaks 1 GW barrier in power output terms, a year on from announcing 1 GWh milestone achieved through augmentation of existing projects.
Matthew Lynas
Aug 08, 2025
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Spotlight on New Zealand: Battery storage capacity expands as hydro faces climate challenges While hydro still rules, New Zealand is starting to take battery storage seriously, especially on the North Island.
Tristan Rayner
Aug 08, 2025

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