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.
Advertisement
Advertisement
Advertisement
Latest News
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.
Dec 04, 2025
Advertisement
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.
US battery fleet grows 59% with nearly 14 GW added in 12 months, says EIA
Data from the US Energy Information Administration (EIA) shows that battery energy storage and solar are dominating capacity additions, while fossil fuel capacity continues to net a decline. Another 22 GW of storage is projected for the coming year.
Advertisement
All Industry news
Advertisement
Energy storage and grid prioritized by Australian state’s $635m fund
The New South Wales (NSW) government will channel up to AUD 1 billion ($635 million) into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
Advertisement
Clean Horizon reports “crazy” opportunity in Polish BESS marketplace
With its ancillary services market having only recently opened to battery energy storage systems (BESS), Poland presents a compelling business case for developers – finds advisory Clean Horizon. The Paris-based company published its updated Storage Index on Monday, which demonstrates the opportunity for the batteries in the eastern-European country, alongside a warning that attractive economics on the back of the provision of ancillary services may prove short lived.
Advertisement