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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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.
Marija Maisch
Mar 04, 2026
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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.
Vincent Shaw
Mar 03, 2026
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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.
Marija Maisch
Mar 03, 2026
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US energy storage shatters records with 58 GWh installed in 2025 A new quarterly report from SEIA and Benchmark Mineral Intelligence highlights a 30% year-over-year growth in the US battery market, even as the industry braces for supply chain restructuring and a shift in the political landscape.
Ryan Kennedy
Mar 02, 2026
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Lyten completes Northvolt acquisition: Set to manufacture lithium-sulfur batteries at gigascale and kickstart R&D in Sweden Lyten expects commercial sales of cells from its Swedish hub to supply its battery manufacturing facility in Poland in the second half of 2026.
Blathnaid O’Dea
Feb 27, 2026
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Enervis Battery Storage Index: Slight recovery in January, but still weak winter levels Independent assessment of historical and future achievable revenues for large-scale battery storage systems
Mirko Schlossarczyk, Jonas Anthonioz
Feb 27, 2026
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Germany’s grid-fee reform threatens energy storage investment Energy storage systems are indispensable for the German energy system. They increase security of supply, reduce energy costs, and support efficient grid operation. However, investment security is at risk. The AgNes grid fee reform and the elimination of the exemption from grid fees for storage systems are causing investors to hesitate and projects to stall.
Julian Jansen
Feb 26, 2026

All Industry news

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UK’s largest solar and storage project secures financial close Quinbrook completes financing for Cleve Hill Solar Park in Kent, England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025. The developer claims contract for difference, capacity market and power purchase agreements (PPAs) were critical to securing project financing.
Matthew Lynas
Mar 17, 2025
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Spain preps grants for energy storage and grid demand management A consultation exercise has been opened into a plan to distribute European Regional Development Fund (ERDF) cash into large-scale energy storage and grid flexibility sites and into customer-side electricity demand management technology.
Pilar Sanchez Molina
Mar 17, 2025
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What’s next for American battery manufacturing Industry experts at Intersolar and Energy Storage North America explained that cooperation between companies, favorable policy and smart site selection are key to expanding domestic battery production.
Phoebe Skok
Mar 14, 2025
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Clearway, Cypress Creek close $738 million in BESS financing Clearway Energy has launched the construction of a 320 MW/1280 MWh battery energy storage system (BESS) portfolio in Utah after closing financing. Meanwhile, Cypress Creek Renewables is already building a 200 MW standalone BESS project in Texas, which will be backed by fresh cash.
Marija Maisch
Mar 13, 2025
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Northvolt files for bankruptcy in Sweden After filing for Chapter 11 bankruptcy protection in the United States in November 2024, the European battery manufacturing torchbearer has failed to negotiate and implement a financial restructuring. The business has now filed for bankruptcy in its home country.
Marija Maisch
Mar 12, 2025
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Varta delists from Frankfurt Stock Exchange The German battery maker has taken further steps as part of its financial restructuring plan in a bid to avert possibile insolvency.
Marija Maisch
Mar 11, 2025
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EU approves aid for 1.5 GWh storage rollout in the Czech Republic The aid will take form of direct grants which will cover up to 50% of the investment cost of supported projects.
Marija Maisch
Mar 10, 2025
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Supply deal and finance for another 2.2 GWh of US batteries Canadian Solar will supply its SolBank 3.0 battery systems to Aypa Power's projects in California and Texas and finance has been secured to complete construction of a further 220 MW/440 MWh battery energy storage system (BESS) in the Lone Star State.
Max Hall
Mar 07, 2025
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Vanadium flow battery maker preps for UK long-duration storage tender Investor and renewables developer Frontier Power Ltd has said it is planning to lodge 'multiple' vanadium flow battery (VFB)-related bids in a long-duration energy storage (LDES) tender expected before July.
Max Hall
Mar 07, 2025

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