Latest news about ESS Industry - Page 27 of 37 - Energy Storage

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

Auctions

Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.

8 hours ago

Flow batteries

Australian redox flow battery maker Allegro secures fresh cash to scale to mass production The New South Wales (NSW)-based startup wants to enter mass production with products featuring a microemulsion electrolyte made of cheap, easily available and recyclable, non-toxic, and non-flammable materials.

8 hours ago

Flow batteries

Go with the flow (batteries) There is a gap in the market for long-duration energy storage (LDES), according to US-based manufacturer ESS Inc. – one which can’t be plugged with lithium-ion chemistry. Hugh McDermott, of ESS Inc. tells pv magazine how he thinks iron flow batteries fit into the energy system of the future, as the company pursues global expansion.

15 hours ago

Fire risk and safety

Accure raises $16 million, secures 730 MWh of Texas contracts In its next stage of growth, the German company is looking to scale its battery energy storage system (BESS) safety and performance offerings across Europe, Americas and Asia Pacific.

Feb 12, 2025

Sodium-ion batteries

KPIT, Trentar partner on 3 GWh sodium-ion battery plant The technology transfer agreement includes Trentar investing in a 3 GWh manufacturing facility and KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.

Feb 12, 2025

Finance

CATL initiates listing on Hong Kong stock exchange The Chinese battery maker could raise north of $5 billion from its Hong Kong listing. Part of the funds will be used to advance the company's planned manufacturing facility in Hungary.

Feb 12, 2025

Finance

BlackRock launches fund for energy storage stocks The global investment giant has launched its iShares Energy Storage and Hydrogen exchange-traded fund (ETF) on the Amsterdam stock exchange. The BlackRock fund will track the Stoxx Global Energy Storage and Hydrogen index.

Feb 12, 2025

The February edition of pv magazine Global is out now! lifting the lid on another big year for solar as an industry’s growing ambition comes up against obstacles old and new.

Available in print and digital – get your copy today!

SunRise Arabia 2025 event

SunRise Arabia Clean Energy Conference 2025

Saudi Arabia continues to solidify its position as a global leader in the transition to sustainable energy. The conference features a full day of engaging presentations and panel discussions and includes an evening Get-together Reception, providing a relaxed setting for networking and building connections within the solar energy community.

February 19, 2025 | Riyadh, Saudi Arabia

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All Industry news

Finance

KGAL ESPF 5 joins forces with IMCS on battery systems in Italy German investment and asset manager KGAL and Italian renewable energy specialist IMCS have entered into a joint venture to develop battery storage systems (BESS) in Italy.

Aug 08, 2024

Industry

German PV and storage provider Bosswerk files for insolvency The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.

Sandra Enkhardt

Aug 07, 2024

Industry

BW ESS, Penso Power and Shell sign seven-year fixed-price deal for 330 MWh BESS asset in the UK Long-duration tolling agreement will see Shell Energy Europe trade a 100 MW/330 MWh battery energy storage system (BESS) in Great Britain, scheduled for commissioning in late 2024. The fixed-price deal comes at a time of reduced revenues for batteries trading in Great Britain’s electricity wholesale markets.

Aug 06, 2024

Finance

Liquid metal battery storage specialist Ambri emerges from restructuring After filing for Chapter 11 bankruptcy protection, the US-based calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.

Aug 02, 2024

Markets

Record installation figures for small-scale battery storage in UK Half year data from UK certification body MCS reveal a record breaking first six months for battery storage installations with a maximum power output up to 50 kW.

Aug 02, 2024

Pieces of zinc in its raw form on a black background.

Markets

Zinc bateries to be Hindustan Zinc’s strategic focus The company, which is the second largest global integrated zinc producer, has access to vast domestic zinc reserves, and intends to explore new avenues of zinc applications in batteries.

Blathnaid O’Dea

Aug 02, 2024

Grid-scale

German investment fund acquires 1.1 GW of Italian battery projects The KGAL investment vehicle has acquired a majority stake in the share capital of SEO Holding Srl, which holds contracts to develop four battery projects in Italy.

Lara Morandotti

Aug 02, 2024

Projects & Applications

FRV secures financing for 1 GW solar, battery storage portfolio in Australia Renewable energy and battery storage developer Fotowatio Renewable Ventures (FRV) says it has raised more than AUD1.2 billion ($785 million) in new debt finance for Australian clean energy assets including its first standalone battery project, planned for Victoria.

Aug 02, 2024

Aerial view of a large solar and battery storage plant set against a dry, arid landscape with mountains and sky visible behind the solar panels and batteries.

Finance

Enlight secures financing for 1.2 GWh of collocated battery storage in New Mexico Israeli independent power producer Enlight has closed financing for the energy storage part of its planned Atrisco solar and storage project, to be located outside Albuquerque, New Mexico. Atrisco combines 1.2 GWh of battery storage with 364 MW of solar generation capacity.

Blathnaid O’Dea

Aug 01, 2024

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