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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Cornex signs 50 GWh in storage battery agreements at CIBF 2026 The Chinese battery maker says its 588 Ah cell will support large-scale storage and overseas deployments.
Vincent Shaw
8 minutes ago
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Saudi Arabia gets first BESS manufacturing facility: ZOE Energy Storage starts at 6 GWh China's ZOE Energy Storage will manufacture in Saudi Arabia, scaling production to 18 GWh
Tristan Rayner
3 hours ago
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Inlyte Energy plans pilot projects to prove its iron-sodium battery technology for AIDC and ESS applications The California-based company says its technology is the perfect match for data centers, providing low-degradation long-duration energy storage while serving as a middle layer between the grid and highly volatile power needs of data centers. Now it’s set to prove it.
Ben Zientara
4 hours ago
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Invinity supplies large-scale vanadium flow storage for Flexbase project in Switzerland The Flexbase Group is currently building a large data center for artificial intelligence in Laufenburg, along with a flow battery with a capacity of 800 MW and 1600 MWh. This vanadium flow battery will be supplied by the British-Canadian company Invinity.
Petra Hannen
May 22, 2026
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US deploys quarterly record 10 GWh of energy storage amid energy security push A new report from SEIA and Benchmark Mineral Intelligence highlights a 32% year-over-year surge in the battery market, driving an upward revision to the nation’s five-year deployment pipeline despite mounting regulatory gridlock.
Ryan Kennedy
May 22, 2026
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Batteries on the move: Gridstor buys 796 MWh Birdseye BESS, Hull Street to buy FirstLight’s 1.4 GW portfolio Money is coming for energy storage projects both operational, and planned, across both battery energy storage systems (BESS) and pumped storage.
Tristan Rayner
May 21, 2026
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GCL Technology expands beyond PV with new energy storage business Solar module manufacturer and polysilicon producer GCL Technology is expanding into lithium-ion battery storage based on LFP materials as part of a shift toward a “multi-product” new energy platform.
Emiliano Bellini
May 19, 2026

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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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Pomega, Jebla Group announce Mexican battery storage fab Turkish Pomega and Mexican liquefied petroleum gas (LPG) business Jebla will initially import batteries for industrial clients, backed by a $400 million investment, before building battery assembly and cell manufacturing facilities.
Luis Ini
Oct 07, 2025

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