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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Eku Energy enters New Zealand with 300 MW battery project acquisition Eku Energy has bought a major battery energy storage system (BESS) in New Zealand's North Island to build out its storage assets.
Tristan Rayner
1 hour ago
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BW ESS, Ibersun to develop 2.2 GW of battery storage in Spain BE ESS steps into the Spanish market for the first time, with Ibersun as the developer. The partners will co-own projects equally.
Tristan Rayner
4 hours ago
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Australian state offers $32.5M in grants and loans to bolster local battery manufacturing The Western Australian government has committed funding to scale up the local battery manufacturing industry to take advantage of an expected surge in demand for household energy storage systems.
David Carroll
5 hours ago
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In a world of low-cost batteries, performance matters Oversupply of lithium-ion battery precursor and active materials – and of lithium iron-phosphate (LFP) batteries, especially in China – has driven energy storage system costs down, fueling a record 330 GWh of battery energy storage system (BESS) shipments in 2024. Edward Rackley, head of the energy storage team at Business intelligence specialist CRU, shares his analysis.
Edward Rackley
Jun 20, 2025
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Skeleton Technologies develops new GrapheneGPU battery for AI data centers The use of the German-made supercapacitor-based high-performance battery is expected to reduce the energy consumption of AI data centers by 44 percent and at the same time increase computing power by 40 percent. This is made possible by control software that stores energy during idle times and releases it at peak times.
Sandra Enkhardt
Jun 20, 2025
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Taiwan eyes domestic battery sector boost with behind-the-meter grid-scale energy storage incentives The Taiwanese government may offer storage capacity incentives on a per MWh basis.
Carrie Hampel
Jun 20, 2025
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R.Power secures €30 million in Green Bonds to accelerate battery storage expansion R.Power has issued more green bonds as it continues to expand in renewables, with a new project in Romania also secured.
Tristan Rayner
Jun 20, 2025

All Industry news

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Containers of battery energy storage solution
Arizona’s largest energy storage project closes $513 million in financing In the USA, the 1,200 MWh Papago Storage project will dispatch enough power to serve 244,000 homes for four hours a day with the e-Storage SolBank high-cycle lithium-ferro-phosphate battery energy storage solution. Recurrent Energy, a subsidiary of Canadian Solar Inc. has secured $513 million in project financing for its Papago Storage project located in Maricopa County, Arizona. 
Anne Fischer
Jun 21, 2024
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Stationary storage systems from The Mobility House
The Mobility House moves forward with second-life battery systems and launches vehicle-to-grid business The Mobility House (THM) has announced a number of advances over the last week. The Munich-based company just launched its vehicle-to-grid (V2G) business and had their stationary storage systems in Germany requalified with transmission system operators.
Carrie Hampel
Jun 19, 2024
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Disassembled batteries
Princeton NuEnergy scores $30 million in funding for lithium battery recycling In the USA, Princeton NuEnergy (PNE), a New Jersey-based specialist in lithium-ion battery direct recycling, has announced the close of a Series A funding round with a strategic investment from Samsung Venture Investment Corporation. PNE is now commercializing its lithium-ion battery recycling process that the company reports recovers up to 95% of materials found in all lithium-ion battery chemistries.
Anne Fischer
Jun 18, 2024
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Bilen Akuzum and Lukas Hackl
Aepnus garners $8m for sodium sulfate recycling In the USA, Aepnus Technology has accrued $8 million in seed financing to accelerate the production of its novel end-to-end sodium sulfate recycling technology.
Carrie Hampel
Jun 18, 2024
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Azeglio LDES container
New York offers $5 million for long-duration storage projects The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
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Battery energy storage container
TWAICE, NARDAC team to improve insurance terms with battery storage analytics   German battery analytics technology provider TWICE and NARDAC, UK-based insurance broker focused on large energy and infrastructure assets, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders.  
Marija Maisch
Jun 13, 2024
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Borrego Solar installation
Bitech Technologies sells 2.4 GW of solar to focus on BESS  Bitech has completed the sale of 2.425 GW of its greenfield solar projects to "a third party purchaser". The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.
Blathnaid O’Dea
Jun 13, 2024
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Flexa management team Vjekoslav Salapic (left) and Sébastien Schikora
Enpal, Entrix announce Europe’s largest virtual power plant Under their joint venture Flexa, the two companies want to combine PV systems, home batteries and other decentralized energy resources into a network with a total output of several gigawatts, which will integrate an AI-powered electricity trading platform.
Jochen Siemer
Jun 12, 2024
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Screenshot of BESS market in Europe
European battery market growth to drop off amid falling electricity prices The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Marija Maisch
Jun 12, 2024

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