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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.

Latest News

Products

Vikram Solar’s PowerHive launches EV, energy storage lithium battery range PowerHive, the battery and energy storage arm of Vikram Solar, has launched its VION lithium battery product range, marking the company’s entry into distributed battery storage for electric mobility and residential energy backup.

Mar 12, 2026

Manufacturing

Hithium to invest €400 million in Spanish mega battery factory Chinese multinational Hithium is considering building a battery and energy storage systems manufacturing plant in Navarra, with an initial investment of around €400 million and the potential to create up to 1,050 jobs across two development phases.

Pilar Sanchez Molina

Mar 11, 2026

Manufacturing

From cell production to energy trading: Volkswagen launches its first large-scale battery storage project The “Elli Power Center” in Salzgitter may not be large, but it is significant: the Volkswagen Group intends to become an “integrated energy player,” combining activities from battery cell production to the marketing of energy storage within a single corporate structure.

Mar 10, 2026

Finance

CATL sold 661 GWh of lithium-ion batteries in 2025, reports profit growth Chinese energy storage giant reports increased revenue and profits in 2025. Significant new manufacturing capacity expected to be under construction by the end of the year.

Mar 09, 2026

Grid-scale

Romania: Financial close for 1 GWh co-located battery; construction starts on 116 MWh BESS retrofit Vienna-based IPP Enery has secured €460 million green financing for one of Europe's biggest hybrid solar-and-storage project, while Denmark’s Eurowind Energy has kicked off installation of its 120 MWh Teiuș battery system, highlighting major momentum in Romania’s renewable energy transition.

Mar 04, 2026

Finance

Hold-type ABS for battery storage hits Shanghai Exchange, pioneering new financing path Canadian Solar-linked deal marks a financing milestone for standalone energy storage, though issuance still faces cash-flow and liquidity tests.

Mar 03, 2026

Grid-scale

TotalEnergies sells 50% stake in 1.6 GWh German battery portfolio to AllianzGI This is Allianz´s first direct equity investment in a portfolio of utility-scale battery storage projects.

Mar 03, 2026

Upcoming Webinar+

Wednesday, 29 April 2026

This ticketed webinar on April 29 will unpack the incident in detail and offer practical strategies to prevent the cyberattack. We will examine the weaknesses and vulnerabilities that allowed the hackers to cause harm, and discuss why the generation was not directly manipulated.

Regular price: 99.00 EUR net.

3:00 pm – 4:30 pm CEST, Berlin, Madrid, Paris

pv magazine Global March Edition 2026

New March issue – Now available

The March issue of pv magazine Global is out now!

Available in print and digital – get your copy today!

pv magazine Focus 2026 announcement box

pv magazine Focus 2026

1-Day Conference

High-level discussions on solar and energy storage across Europe. Experts explore how to plan and execute bankable BESS projects, what quality and warranty factors matter, and how energy management systems optimize residential and C&I applications, including heat pumps, EV charging, and new market opportunities.

1:00 – 5:00 pm, CEST | June 24, 2026

The smarter E Europe, ICM Conference Center | Munich, Germany

Register For Free

Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 Frankfurt and gain insights into evolving business models, financing strategies, and market trends.

March 31 – April 1, 2026 | In Person Event

Hotel Meliá Frankfurt City | Frankfurt am Main, Germany

SunRise Arabia Conference 2026

SunRise Arabia Clean Energy Conference 2026

Saudi Arabia is accelerating its clean energy transition. Join the third SunRise Arabia Clean Energy Conference in 2026 to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy, including data centers. Policymakers, investors, and innovators will share insights on technology, deployment strategies, and long-term value creation in Saudi Arabia’s evolving energy landscape.

9:00 am – 6:00 pm, AST | April 22, 2026

Riyadh, Saudi Arabia

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All Industry news

Finance

BW ESS secures loan for 331 MWh British battery The battery energy storage system (BESS), in the South East of England, was installed in record time and Shell has been marketing its services since February under a British-first, seven-year tolling agreement.

May 22, 2025

Manufacturing

Jinko unveils 520 kWh C&I battery storage system Jinko ESS has launched a new modular 520 kWh battery energy storage system for commercial and industrial users. The product will be available for global shipment in Q3 2025.

May 22, 2025

Finance

ABB launches battery storage subscription model to address capital constraints ABB has announced a "Battery Energy Storage Systems-as-a-Service" (BESS-as-a-Service) model to add storage to C&I customers without upfront capex.

May 21, 2025

Large battery energy storage by Fluence

Manufacturing

Fluence opens battery enclosure and system hardware manufacturing plant in Arizona Fluence has cut the ribbon to open its battery energy storage system (BESS) enclosure and battery management system (BMS) manufacturing plant in Goodyear, Arizona.

May 21, 2025

Manufacturing

India’s Pure partners with Charge Power to offer energy storage products in North America Charge Power and PURE are partnering to offer energy storage solutions in Canada and the U.S., with products in residential, commercial and grid scale applications.

May 21, 2025

Finance

Enfinity Global raises $113m for Italian, UK battery portfolio The Miami-based developer has secured bond finance from France's Eiffel Investment Group for battery energy storage system (BESS) projects. Enfinity has a 5.1 GW Italian and 1.3 GW UK BESS pipeline.

Sergio Matalucci

May 21, 2025

Manufacturing

US solar, energy storage industries demand Reconciliation Bill amendments Trade body the Solar Energy Industries Association (SEIA) has warned President Donald Trump's "one big, beautiful bill," if passed as written, will have a devastating impact on US clean energy jobs and manufacturing and will threaten the nation's ability to meet electricity demand.

May 20, 2025

Industry

CATL sees shares surge in Hong Kong debut The Chinese battery maker raised around HK$35.6 billion ($4.6 billion) on its first trading day in Hong Kong, making it the largest global listing in 2025.

May 20, 2025

Finance

Zelestra orders 1 GWh battery system from Sungrow for Chile project Sungrow's PowerTitan 2.0 liquid-cooled battery system are heading to Chile

May 19, 2025

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