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.

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Latest News

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LG and GM pivot Ultium Cells JV to LFP battery production for US storage market at Tennessee plant LG Energy Solution and GM are converting part of their Spring Hill battery joint venture to LFP production for energy storage, as another North American battery manufacturing plan shifts from EVs toward stationary storage.
Tristan Rayner
2 hours ago
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US says China is not pricing out American battery anode makers, ITC votes against AD/CVD tariffs The U.S. International Trade Commission (ITC) has blocked the imposition of anti-dumping and countervailing duties on Chinese active anode material (AAM), providing a massive sigh of relief for the domestic battery storage sector.
Tristan Rayner
Mar 17, 2026
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SolaREIT expands land financing to substations and transmission corridors for US solar, storage Real estate financing models are expanding beyond project sites, opening another source of capital for developers facing a crunch in funding for big new projects.
Tristan Rayner
Mar 17, 2026
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Australian long-duration thermal energy storage tech lands $11.9M in scale up funding New South Wales-based thermal energy storage system developer MGA Thermal intends to rapidly scale its manufacturing capacity and commercial capability after securing $17 million in new funding.
David Carroll
Mar 16, 2026
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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.
Uma Gupta
Mar 12, 2026
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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
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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.
Jochen Siemer
Mar 10, 2026

All Industry news

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REPT Battero launches 392 Ah cell, 6.26 MWh storage system The new 392 Ah battery energy storage system (BESS) cell is an all-rounder, with the same size but increased energy density over a previously manufactured cell.
Tristan Rayner
Apr 17, 2025
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Australian investor plans multibillion-dollar long-duration energy storage platform Federation Asset Management will launch a long-duration energy storage fund that will aim to have around 4 GWh of batteries ready for financial close within two years.
David Carroll
Apr 16, 2025
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Indian BESS manufacturing expansion remains uncertain, despite growing promise With an accelerating deployment of lithium-ion batteries in energy storage applications, telecommunications, and mobility, demand in India for advanced technologies is expanding. However, progress towards establishing a domestic manufacturing industry has been “uncertain,” report analysts – despite the promising example set by India’s solar producers.
Jonathan Gifford
Apr 15, 2025
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CEO: Battery business case ‘robust’ despite US policy uncertainty The chief executive of a London-based battery energy storage system (BESS) investor says batteries are booming but his fund has hedged its US-dollar income through 2030.
Max Hall
Apr 15, 2025
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Eku Energy acquires 2 GWh UK BESS pipeline Deal with Bluestone Energy targeted for completion in first half of 2025. Transaction comprises seven UK BESS sites currently in development.
Matthew Lynas
Apr 14, 2025
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German town of Beckum launches utility-scale battery storage with community investment option Up to 500 residents in the German city of Beckum can invest between €500 ($568) and €25,000 into a planned 20 MW/55 MWh battery energy storage system (BESS).
Ralph Diermann
Apr 14, 2025
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LCP Delta: Italy will add 9 GW of front-of-the-meter batteries by 2030 The London-based consultancy predicts longer duration, six- to eight-hour assets will be more important in the South of Italy while medium-duration, two- to four-hour assets will dominate in the North.
Sergio Matalucci
Apr 11, 2025
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Tesla mulls Australian battery repurposing fab The headline-grabbing US company also made enquiries about building a Megapack remanufacturing site in Collie, Western Australia (WA), two months ago.
Ev Foley
Apr 10, 2025
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Australian state backs 20 GWh pumped hydro project The Government of Queensland is set to invest AUD 50 million ($30.1 million) into a pumped hydro energy storage (PHES) project with a capacity of up to 20 GWh, as it works to develop a five-year Energy Roadmap due for publication this year.
David Carroll
Apr 09, 2025

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