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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Market intelligence, innovation, and trust: The manufacturer’s new playbook for staying ahead in Europe’s storage market
Europe’s energy storage market is becoming increasingly segmented, with residential, C&I, and utility-scale growth following distinct country-level policy, economic, and market dynamics. For manufacturers, success increasingly depends on combining market intelligence, downstream partnerships, brand trust, and technological innovation to identify priorities and capture growth through 2027–2028.
EU mobilizes €1.5 billion in interest-free loans for European battery cell manufacturing
The European Commission is offering up to €1.5 billion in interest-free loans to support battery cell manufacturing projects across the EEA. The Battery Booster Facility targets new EV battery plants in the production ramp-up phase, with projects eligible for up to €500 million in funding.
US could surpass 100 GW of annual inverter and PCS manufacturing capacity by 2027
BESS in their current form make use of inverters within the power conversion systems, and Chinese supplier accounted for nearly 50% of the market. The FCC's new laws make future products look uncertain, unless made in the USA.
Advanced sodium-ion battery prototypes now approaching 200 Wh/kg
An international team of scientists has reviewed recent advances in sodium-ion battery components, highlighting their potential as a lower-cost, more sustainable alternative to lithium-ion batteries. The researchers identify key challenges including lower energy density, shorter cycle life and manufacturing constraints, while pointing to advances in materials and electrolytes as important to future commercialization.
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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.
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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.
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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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