Industry
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
CATL locks $17 billion battery material deal as lithium prices soar
As lithium prices surged to a two-year high in early 2026, the world’s largest battery maker, CATL, moved to secure a mega-order of lithium iron phosphate cathode material in what ranks among the largest battery materials deals ever announced.
Jan 15, 2026
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Major German port debuts sea-rail transport for 48-ton BESS units
The Port of Wilhelmshaven saw its first-ever sea-rail transfer this month of 48-ton battery energy storage system units, manufactured by Hithium. The 'ultra-heavy' class of containers were moved from ship to rail for transit to Hungary, bypassing the weight constraints and aging infrastructure that challenge road logistics across the world.
Kick off in Oslo’s Intility Arena: Battery flattens matchday peaks, earns revenue for startup
Norwegian startup Peak Shaper has commissioned a 1.2 MW battery system at Intility Arena, utilizing an "Energy as a Service" model without capital costs for those that want a battery. Torfinn Årdalsbakke, a project developer at Peak Shaper, tells ESS News more.
Energy storage in 2025: Year in review
In another record-breaking year for energy storage installations, the sector has firmly cemented its position in the global electricity market and reached new heights. From price swings and relentless technological advancements to shifting policy headwinds and tailwinds, 2025 proved to be anything but uneventful.
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Delta Green and E.ON offering $234 a year to households for grid flexibility
The virtual power plant (VPP) revolution is rolling out, with E.ON offering flexibility to the grid from home batteries, electric vehicle chargers, solar exports, and more, via Delta Green's software, and paying households for the optionality.
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CATL lawsuit threatens IPO of Hithium
China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has filed a lawsuit accusing Hithium, a fast-growing rival, of unfair competition – a move that could jeopardize the latter’s upcoming initial public offering (IPO) in Hong Kong.
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