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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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
21 hours ago
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CATL sold 661 GWh of lithium-ion batteries in 2025, reports profit growth Chinese energy storage giant reports increased revenue and profits in 2025. Significant new manufacturing capacity expected to be under construction by the end of the year.
Matthew Lynas
Mar 09, 2026
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Romania: Financial close for 1 GWh co-located battery; construction starts on 116 MWh BESS retrofit Vienna-based IPP Enery has secured €460 million green financing for one of Europe's biggest hybrid solar-and-storage project, while Denmark’s Eurowind Energy has kicked off installation of its 120 MWh Teiuș battery system, highlighting major momentum in Romania’s renewable energy transition.
Marija Maisch
Mar 04, 2026
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Hold-type ABS for battery storage hits Shanghai Exchange, pioneering new financing path Canadian Solar-linked deal marks a financing milestone for standalone energy storage, though issuance still faces cash-flow and liquidity tests.
Vincent Shaw
Mar 03, 2026
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TotalEnergies sells 50% stake in 1.6 GWh German battery portfolio to AllianzGI This is Allianz´s first direct equity investment in a portfolio of utility-scale battery storage projects.
Marija Maisch
Mar 03, 2026
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US energy storage shatters records with 58 GWh installed in 2025 A new quarterly report from SEIA and Benchmark Mineral Intelligence highlights a 30% year-over-year growth in the US battery market, even as the industry braces for supply chain restructuring and a shift in the political landscape.
Ryan Kennedy
Mar 02, 2026
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Lyten completes Northvolt acquisition: Set to manufacture lithium-sulfur batteries at gigascale and kickstart R&D in Sweden Lyten expects commercial sales of cells from its Swedish hub to supply its battery manufacturing facility in Poland in the second half of 2026.
Blathnaid O’Dea
Feb 27, 2026

All Industry news

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Ionly launches Spain-manufactured 5 kWh residential battery Ionly introduces the XYZ 5 kWh residential battery, featuring 90% European-sourced components and advanced reparability, from its base in Valencia, Spain.
Jose Pedrosa
Jul 18, 2025
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ACME Solar in India secures 550 MWh battery energy storage purchase agreements with NHPC ACME Solar Holdings has secured battery energy storage purchase agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two standalone battery energy storage system (BESS) projects in Andhra Pradesh.
Uma Gupta
Jul 18, 2025
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Argentina’s first energy storage tender receives 1,347 MW of bids 15 companies submitted 27 projects, pledging over $1 billion in investment for a total that far exceeded the tender's 500 MW target.
Pilar Sanchez Molina
Jul 17, 2025
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RES to manage 1 GWh Coalburn battery project for CIP in Scotland RES will provide asset management for one of Europe's largest battery storage systems in Scotland.
Tristan Rayner
Jul 17, 2025
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Sol Systems secures financing to support 500 MW of colocated projects in the US The independent power producer secured a $675 million revolving construction finance facility to help fund solar and storage projects planned in Illinois, Ohio and Texas.
Anne Fischer
Jul 17, 2025
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5 GW of grid-forming batteries and synchronous condensors to underpin transition for network operator TransGrid in Australia Transgrid, Australia's largest electricity transmission network operator, working in the state of New South Wales, has chosen grid-forming batteries and synchronous condensors as its preferred system strength technologies to support the grid.
Ev Foley
Jul 17, 2025
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BBDF 2025: Challenges and prospects in Italy, Europe’s hottest storage market Italy is currently among Europe’s hottest battery storage markets thanks to its MACSE auction scheme, an established capacity market and the first attempts to go merchant by project developers. This market, however, is becoming increasingly competitive and both micro and macro challenges are arising.
Emiliano Bellini
Jul 16, 2025
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BBDF 2025: Understanding BESS project bankability Financing remains one of battery energy storage system's (BESS) biggest talking points, as bankability, risk mitigation, insurance, and more.
Marian Willuhn
Jul 16, 2025
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Eneco and EP NL to build 200 MWh battery at Enecogen power plant in Rotterdam The storage project will make use of the plant's existing grid connection. But while making the announcement, the two companies were vocal about costly obstacles in the Netherlands for batteries.
Tristan Rayner
Jul 16, 2025

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