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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

Green Flexibility and Enertrag plan 130 MWh battery storage system in Germany The large-scale storage system with a capacity of 60 megawatts is planned to begin operation in Tantow, Brandenburg in early 2026. Construction and long-term operation will be handled by a joint company.

Sandra Enkhardt

May 19, 2025

Manufacturing

Turbo Energy unveils new AI-powered large-scale energy storage solutions The Spanish technology company has unveiled new models in its Sunbox Industry range and a new Sunbox Utility-Scale solution for the C&I and Utility Scale segments.

Pilar Sanchez Molina

May 19, 2025

Auctions

Will MACSE auction put Italy at the front of battery deployment? Attendees at the NetZero Milan summit last week heard an anticipated flood of subsidized utility-scale batteries will help meet all the nation's grid needs.

Sergio Matalucci

May 19, 2025

Markets

Poland roundup: Statkraft 700 MW BESS portfolio, LGES battery manufacturing, grid-scale battery financing In one of Europe's most dynamic battery storage markets, both established players and newcomers are actively working to expand their footprint.

May 16, 2025

Finance

Engie teams with CBRE Investment Management on 2.4 GW of US battery storage In what is described as one of the largest financing transactions in the battery energy storage sector to date, Engie North America has partnered with funds managed by CBRE Investment Management on a portfolio of assets in Texas and California.

May 16, 2025

Supply chain

India’s Waaree to invest $200m into US batteries Waaree is betting on the US renewables market with fresh battery investment commitments on top of plans to double its solar module production capacity in Texas.

May 16, 2025

Manufacturing

Romania’s Prime Batteries teams with Arrow and NXP on 1,500 V battery storage platform Prime, Arrow, and NXP, have unveiled a 1,500 V battery storage platform with safety certification but short on details around capacity or costing.

Tristan Rayner

May 14, 2025

Flow batteries

Flow battery startup VFlowTEch banks $20.5M as ramp up continues The Singaporean company is working on long duration storage and received wide backing from a variety of investors.

May 14, 2025

Finance

UAE, Kazakhstan commit to 2 GW battery storage in wider renewable energy agreement The agreement will see the development of up to 500 MW of baseload renewable energy and up to 2 GW of battery energy storage system (BESS) projects.

May 14, 2025

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