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
CATL locks $17 billion battery material deal as lithium prices soar
As lithium prices surged to a two-year high in early 2026, the world’s largest battery maker, CATL, moved to secure a mega-order of lithium iron phosphate cathode material in what ranks among the largest battery materials deals ever announced.
Jan 15, 2026
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Major German port debuts sea-rail transport for 48-ton BESS units
The Port of Wilhelmshaven saw its first-ever sea-rail transfer this month of 48-ton battery energy storage system units, manufactured by Hithium. The 'ultra-heavy' class of containers were moved from ship to rail for transit to Hungary, bypassing the weight constraints and aging infrastructure that challenge road logistics across the world.
Kick off in Oslo’s Intility Arena: Battery flattens matchday peaks, earns revenue for startup
Norwegian startup Peak Shaper has commissioned a 1.2 MW battery system at Intility Arena, utilizing an "Energy as a Service" model without capital costs for those that want a battery. Torfinn Årdalsbakke, a project developer at Peak Shaper, tells ESS News more.
Energy storage in 2025: Year in review
In another record-breaking year for energy storage installations, the sector has firmly cemented its position in the global electricity market and reached new heights. From price swings and relentless technological advancements to shifting policy headwinds and tailwinds, 2025 proved to be anything but uneventful.
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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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