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
US Round-Up: NineDot closes $431M financing for NYC, e-STORAGE inks 503 MWh Texas deal, FlexGen brings 174 MW online
The flurry of US news in this round-up include's NineDot Energy's funding for NYC community storage, e-STORAGE partnering with Sunraycer in ERCOT, FlexGen reaches commissioned project for Alliant Energy, and Ameresco finalizes tax credit transfers for its storage portfolio.
6 hours ago
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EnBW is looking for an investor for Senec
Further investments are necessary for Senec's continued growth. To this end, its parent company EnBW is seeking a new investor to acquire the Leipzig-based storage manufacturer's business, ideally before the end of this year. However, as a spokesperson explained to pv magazine, it is also possible that Senec will remain a wholly owned subsidiary of EnBW.
WEG secures funding for Brazilian battery manufacturing plant
The new plant will increase WEG’s BESS production capacity to up to 2 GWh. Construction is expected to be completed in the second half of 2027. The company aims to serve both the large-scale storage market and the commercial and industrial (C&I) segment.”
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Clean Horizon reports “crazy” opportunity in Polish BESS marketplace
With its ancillary services market having only recently opened to battery energy storage systems (BESS), Poland presents a compelling business case for developers – finds advisory Clean Horizon. The Paris-based company published its updated Storage Index on Monday, which demonstrates the opportunity for the batteries in the eastern-European country, alongside a warning that attractive economics on the back of the provision of ancillary services may prove short lived.
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Australian redox flow battery maker Allegro secures fresh cash to scale to mass production
The New South Wales (NSW)-based startup wants to enter mass production with products featuring a microemulsion electrolyte made of cheap, easily available and recyclable, non-toxic, and non-flammable materials.
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