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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AGL acquires Australian long-duration electro-thermal energy storage project from Photon AGL Energy has bought the 150 MW solar, 90 MW thermal, and 720 MWh storage Yadnarie Project from Dutch developer Photon Energy, following the award of development approval in June.
Ev Foley
23 hours ago
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CATL, Sungrow and CRRC Zhuzhou lead Chinese energy storage rankings  The China Energy Storage Alliance (CNESA) has released its 2024 rankings of Chinese energy storage companies, with CATL, Sungrow, and CRRC Zhuzhou Institute securing top positions across key segments.
Vincent Shaw
23 hours ago
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Spain authorizes 29.3 MW energy storage in Q2 2025, with 523.8 MW enter planning stages Between April and June 2025, Spain's larger scale energy storage projects saw a small increasing in construction authorization, with a much larger increase in new projects entering public consultation.
Pilar Sanchez Molina, Tristan Rayner
Jul 11, 2025
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Australian scheme to deliver 100 neighborhood batteries kicks off final funding round The Australian state of Victoria has launched its third and final round of grant funding through the 100 Neighbourhood Batteries Program, offering AUD$400,000 per battery through multiple streams of eligibility to a pool of nine council regions.
Ev Foley
Jul 11, 2025
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Renewable energy storage not inherently grid-neutral, says German distribution grid operator According to German grid operator Edis, renewable energy storage systems can also exacerbate regional grid bottlenecks, though economic feasbility remains possible according to Energy2Market.
Michael Fuhs
Jul 11, 2025
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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.
Tristan Rayner
Jul 10, 2025
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Vexuvo sells 1.5 GW of Italian batteries to ContourGlobal The sale concerns a portfolio of projects across the country, some of which will participate in the mercato a termine degli stoccaggi (MACSE) auction.
Massimiliano Tripodo
Jul 10, 2025

All Industry news

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Greece’s Sunlight abandons its gigafactory plans Greece’s leading battery energy storage business, Sunlight, has agreed to acquire 51% of Lehmann Marine GmbH, a German company that supplies the marine industry with energy storage. Sunlight’s plan for a 20 GWh lithium-ion battery gigafactory in Greece has been abandoned, however.
Ilias Tsagas
Jan 23, 2025
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Vanadium flow battery maker H2 secures funds for new Korean factory H2 Inc. has raised $16 million in bridge funding for a new production facility which will have a 1.2 GWh annual manufacturing capacity from 2026.
Max Hall
Jan 23, 2025
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IESA projects $500m-plus Indian battery, mobility startup investment within year The Bharat Battery Show attracted 100 startups, many seeking funding from major conglomerates and investment firms.
Uma Gupta
Jan 23, 2025
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Energy storage corporate funding nears $20bn in 2024 Mercom Capital Group reported the second highest annual funding result for energy storage sector, after 2022. Venture capital backing fell 60% from 2023 but debt and public sector financing went up by 65% year-on-year.
Luis Ini
Jan 23, 2025
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MACSE auction: A game changer for Italy’s energy storage sector With the first auctions for procuring new storage capacity in Italy expected in the second quarter of 2025, Aurora Energy Research has analyzed the internal rate of return for projects supported by the Energy Storage Capacity Procurement Mechanism (MACSE) and found that in certain cases expected returns exceed 9%, providing a high level of revenue security. However, as Aurora’s Maddalena Cerreto tells ESS News, there are also zones where the expected profitability of merchant investments outcomes the MACSE ones.
Marija Maisch
Jan 22, 2025
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Trump orders pause to IRA funding An executive order released by the White House stated, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022.”
John Fitzgerald Weaver
Jan 22, 2025
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S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
Jonathan Gifford
Jan 21, 2025
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U.S. DOE offers funding for energy storage manufacturability improvements  The funding is directed towards pre-production design innovation with the goal of improving manufacturability and reducing costs.
Marija Maisch
Jan 21, 2025
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Egypt’s Elsewedy finances 100 MWh standalone battery project in Greece The Egyptian developer has secured the 50 MW/100 MWh battery energy storage system (BESS) project under Greece's first energy storage tender.
Max Hall
Jan 21, 2025

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