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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‘Italy should expect battery and pumped hydro auctions in 2026’
'Curtailment will be a structural element of the operation of our system, period,' said Luca Marchisio, head of system strategy at Terna, during the Italian Renewables Investment Forum 2025. Other industry insiders said Italy is entering a phase in which energy management skills will be increasingly important at company level and planning will be increasingly central at system level.
Negative pricing reshapes solar finance as investors turn to storage for flexibility in Europe
Growing price volatility and the rise of negative pricing across power markets are pushing lenders and developers to rethink risk and revenue structures, focusing on asset flexibility and sustainable business models for storage, including co-location.
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Plans announced for 245 MWh of battery storage projects in Croatia, Serbia
The Croatian government has allocated almost €20 million ($23.2 million) of European Union Modernization Fund grants to help complete a 60 MW/120 MWh battery energy storage system (BESS) at an aluminum rolling mill site days after plans were revealed for a utility-scale battery storage system in the Serbian city of Leskovac.
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India’s Avaada Group to invest $4.3 billion in renewables, BESS projects
Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore ($4.3 billion).
Base Power hauls in $1 billion to take its distributed home battery model beyond Texas
The two-year-old power company has deployed more than 100 MWh of residential battery capacity across Texas, pooling thousands of installs in homes into a grid resource as a virtual power plant. It will now expand the model nationally in the US.
Oct 09, 2025
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