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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

Manufacturing

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.

5 hours ago

Manufacturing

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.

Mar 17, 2026

Finance

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.

Mar 17, 2026

Manufacturing

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.

Mar 16, 2026

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

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

Policy

Czechia reinvests in loan scheme for C&I solar, storage installations Czechia has increased funding for its interest-free loan program for commercial and industrial (C&I) solar and storage projects to CZK 3 billion ($132.2 million) after strong demand exhausted the previous budget.

Apr 03, 2025

Manufacturing

Stryten Energy ramps up its US battery manufacturing capacity to 24 GW The energy storage company’s investment will add 10 GW to its domestic manufacturing capacity.

Apr 03, 2025

Finance

Northvolt to continue operation with downsized workforce The company's bankruptcy trustee has secured an agreement with key shareholders for a scaled-down operation in Sweden. However, more than a third of its workforce will be made redundant.

Apr 02, 2025

Manufacturing

CALB breaks ground on $1.7bn battery plant in China Chinese battery maker CALB has launched the second phase of its Chengdu facility, aiming for a 30 GWh annual capacity boost as its energy storage business surges.

Apr 02, 2025

Finance

Varta emerges from restructuring procedure with fresh capital The German battery manufacturer now has two new indirect shareholders: Porsche and Austrian entrepreneur Michael Tojner. They are providing financing totaling €120 million. Furthermore, Varta has significantly reduced its debt to €230 million, according to the company’s statement. With this, the company's restructuring procedure has now been completed.

Sandra Enkhardt

Apr 02, 2025

Finance

UK, Singapore aim to finance 175 MWh of Southeast Asian batteries It is hoped an $80 million seed debt fund will catalyze $300 million worth of clean energy generation and energy storage projects across the region, with an initial focus on the Philippines and Indonesia.

Apr 02, 2025

Manufacturing

India’s Replus Engitech plans 5 GWh battery plant expansion The expanded facility will harness AI and will be able to handle emerging battery cell chemistries, according to the manufacturer.

Apr 01, 2025

Finance

Wärtsilä gives up on energy storage business divestment The Finnish marine and energy solutions specialist has completed its strategic review initiated in October 2023.

Mar 31, 2025

Sodium-ion batteries

Inlyte Energy moves toward US manufacture of iron-sodium batteries The startup’s collaboration with Swiss company Horien Salt Battery Solutions is set to accelerate the commercialization of its low-cost, long-duration energy storage (LDES) technology.

Mar 31, 2025

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