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
Senec CEO: “We are back in the market”
The Leipzig-based company has completed more than 95 percent of the field replacements for the storage tank series affected by fires. In his first few months as CEO, Herbert Schein has already set a clear course for the company’s future. In an interview with pv magazine Germany, he outlines five key measures guiding this direction.
Nov 07, 2025
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Cegasa, Skeleton Technologies open new factories boosting Europen battery manufacturing
In a big boost for Europe’s battery storage manufacturing industry, Skeleton Technologies in Finland and Cegasa Energía in Spain have announced major investments aimed at enhancing the continent's technological sovereignty.
Green Flexibility buys 500 MW of battery storage projects in Germany
The framework agreement stipulates that Hamburg-based Hansa Battery will develop the projects up to the construction-ready stage. Green Flexibility will then assume responsibility for implementation and operation, as well as contribute financially to securing the necessary grid reservations.
Sunotec, Shell seal cross-border hedge for 600+ MWh battery storage
In a double announcement, Bulgarian energy storage and solar developer Sunotec confirmed two major milestones: the signing of a cross-border spread hedge agreement with Shell, linked to more than 600 MWh of battery energy storage projects, and the official signing of a 2.4 GWh battery storage supply agreement with Sungrow.
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Battery energy storage in Europe slows to 15% growth for 2024
The latest analysis from SolarPower Europe reveals that, in 2024, Europe installed 21.9 GWh of new battery energy storage systems (BESS), just 15% higher than 2023. The predictions of slower growth has come true, but the details reveal a big shift in where installations are happening.
Large-scale storage financing: “There must be no uncovered risks”
The pipeline for battery storage projects is expanding, but many still lack financing. Florian Hock and Marcus Starke from the Structured Finance Energy Origination division at Nord/LB discuss what truly matters, from coherent overall concepts and reliable contractual partners to the role of municipalities and securing revenues through tolling agreements.
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Labor election win brings Australian household battery rebate
The work schedules of Australia’s battery retailers and installers will likely get busy in the coming months with Labor’s win in the federal election paving the way for the introduction of an AUD 2.3 billion ($1.48 billion) national subsidy scheme.
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