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
Amazon leads US silicon solid-state battery maker’s $80 million fundraise
Blue Current, which has a pilot production line in Hayward, California, will use the funding to advance commercialization of its silicon solid-state battery technology for stationary storage and mobility applications.
3 hours ago
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Spanish storage: Iberdrola details its winning storage projects totalling $198M, local battery maker expands manufacturing
The innovation energy storage project auction is seeing positive outcomes for Spain with a series of projects announced, and a domestic battery manufacturer rapidly expanding its output.
Demand diligence from US battery integration
Tariffs continue to reshape the US storage market. Rising costs for overseas systems have created new incentives to integrate equipment domestically, and many developers are turning to US firms to assemble battery systems. Integration capacity can scale faster than battery cell manufacturing, but not without risk. Unlike cell plants, where automated processes keep variations in check, battery assembly and integration depends on people, as Jeff Zwijack from Intertek CEA explains.
Funding for European energy storage startups reaches €2.14 billion
European energy storage hardware startups have raised over €2.14 billion in total equity funding, covering commercial, industrial, and grid-scale applications. According to new research from Avnet Silica, 46.7% of that funding was secured in the past three years, while 84.4% has been raised in the last five, highlighting a rapid acceleration in investment across the sector.
India’s Oriana Power explores compact pumped storage for C&I customers, raises BESS target to 20 GWh by 2030
Oriana Power is expanding its focus beyond battery energy storage to compact pumped-storage solutions – a new generation of systems that the company believes could redefine the future of commercial and industrial (C&I) energy management.
Sodium nickel chloride battery factory proposed for New Mexico
North America’s Desert Mountain Energy Corporation has signed a non-binding letter of intent to form a joint venture to build and operate a sodium-nickel-chloride (SNC) battery manufacturing plant in Roswell, New Mexico. As per the proposal, the facility would use produced water from oil and gas wells as part of a cooling and processing system intended to support battery production as well as a data center complex.
Modo Energy raises $33M and sets out AI ambitions
Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
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How Germany’s DAL finances large-scale batteries
Peer Güntzel, deputy managing director of the asset financing business, explains how he assesses battery revenue potential and risk. While hybrid power purchase agreements (PPAs), for solar-plus-storage sites show promise, generating "merchant" revenue from pure, unsubsidized energy trading could become more difficult.
US Senate Republicans propose sparing batteries harshest elements of anti-Green New Deal legislation
Energy elements of Republicans' Budget Reconciliation Bill would leave the tax credits of battery component factories largely untouched but could target some foreign manufacturers as well as restricting incentives for small-scale batteries.
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At least 18 GW of batteries await Brazil’s planned auction
While Brazil is making progress in customer-side, "behind-the-meter" and off-grid battery solutions – with more than 700 MWh – it still lacks guidelines for a planned gigawatt-scale national auction. Markus Vlasits, president of the Brazilian Association of Energy Storage Solutions (ABSAE), tells pv magazine about the nation's utility-scale battery bottleneck.
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Italian region allocates funding for renewables, energy storage for business
Sardinia's councillor for industry, Emanuele Cani, announced grant funding for small and medium-sized enterprises (SMEs) in the Sulcis Iglesiente mining region and said a wider program of help would be offered across the island in due course.
Why long-duration doesn’t pay – yet.
Despite growing recognition of long-duration storage’s importance, independent system operator (ISO) and regional transmission organization (RTO) market structures in the US still reward short-term response, leaving developers little financial incentive to build batteries with more than two hours of capacity.
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