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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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.
Marija Maisch
8 hours ago
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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.
Max Hall
8 hours ago
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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.
Matthew Lynas
14 hours ago
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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.
Marija Maisch
Feb 12, 2025
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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.
Uma Gupta
Feb 12, 2025
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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.
Marija Maisch
Feb 12, 2025
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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.
Max Hall
Feb 12, 2025

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Paper byproduct lignin’s potential for capacitors, sodium-ion batteries A research team at Germany’s Friedrich Schiller University of Jena have identified a potential way to make energy storage systems more sustainable using lignin waste from the timber industry.
Blathnaid O’Dea
Jul 05, 2024
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Tesla energy storage
In Conversation: How cheap can battery storage get? Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
Marija Maisch
Jul 04, 2024
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e-zinc
Zinc batteries: Redflow teams with Stanwell on 400 MWh project, e-Zinc secures $31m commercialization funding Australian zinc bromide flow battery specialist Redflow has struck a partnership with Queensland state-owned generation company Stanwell to work together on the development of a non-lithium long-duration battery energy storage solution for use in a 400 MWh project. Meanwhile, Toronto long duration energy storage specialist e-Zinc has secured $31 million which will go towards developement and completion of its pilot manufacturing facility in Mississauga, Ontario.  
David Carroll, Blathnaid O’Dea
Jul 04, 2024
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elon musk
Tesla reports 9.4 GWh of battery storage deployed in Q2 Tesla Energy has posted the highest quarterly deployment in the company's history to date. The company's cumulative deployments this year have already reached 13.5 GWh.
Marija Maisch
Jul 03, 2024
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Invinity large energy storage systems
US DOE to allocate $100 million for non-lithium, long-duration energy storage pilots The US Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has issued a Notice of Intent (NOI) to fund pilot-scale energy storage demonstration projects, focusing on non-lithium technologies, 10+ hour discharge systems, and stationary storage applications.
Marija Maisch
Jul 03, 2024
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Tesvolt supplies NCA battery storage systems for 65 MWh German project German battery maker Tesvolt has reported its largest order to date, which will see its systems based on nickel-cobalt-aluminium (NCA) chemistry deployed in a 30 MW/ 65 MWh energy storage park in the German state of Rhineland-Palatinate.
Marija Maisch
Jul 02, 2024
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ACWA Power lands financing for Central Asia’s biggest battery storage project The Saudi Arabian developer has reached financial close for the Tashkent Riverside project in Uzbekistan, which includes a 200 MW solar plant and a 500 MWh battery energy storage system (BESS).
Marija Maisch
Jul 02, 2024
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Samsung SDI unveils two-track strategy of NCA and LFP chemistries for utility energy storage Samsung SDI has recently launched its upgraded Samsung Battery Box 1.5. The system uses high-nickel, nickel-cobalt-aluminum (NCA) battery cells and boasts a capacity of 5.26 MWh.
Marija Maisch
Jul 01, 2024
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Arena launches crowdfunding campaign to finance 722 MW of storage in Spain Through French company Enerfip, the Spanish developer seeks to finance up to EUR 3,000,000 ($3,230,000) and offers investors a fixed annual return of 9.5% over a period of three years.
Pilar Sanchez Molina
Jul 01, 2024

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