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
Sodium nickel chloride battery factory proposed for New Mexico
North America’s Desert Mountain Energy Corporation has signed a non-binding letter of intent to form a joint venture to build and operate a sodium-nickel-chloride (SNC) battery manufacturing plant in Roswell, New Mexico. As per the proposal, the facility would use produced water from oil and gas wells as part of a cooling and processing system intended to support battery production as well as a data center complex.
Dec 04, 2025
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Modo Energy raises $33M and sets out AI ambitions
Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
US battery fleet grows 59% with nearly 14 GW added in 12 months, says EIA
Data from the US Energy Information Administration (EIA) shows that battery energy storage and solar are dominating capacity additions, while fossil fuel capacity continues to net a decline. Another 22 GW of storage is projected for the coming year.
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Relectrify inverterless storage system fast tracked with $25 million ARENA backing
Victoria-headquartered battery technology company Relectrify has received $25 million ARENA backing to help deploy it’s CellSwitch inverterless technology, which promises to deliver 20% more energy over a battery system’s lifetime.
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Future-proof or fail: how battery storage projects can thrive in Germany
Germany’s battery storage boom is real but so are the bottlenecks. As capital pours in and gigawatt-hour-scale projects near launch, grid connection delays and regulatory uncertainty are threatening to dampen momentum. At the 3rd BVES Investor Summit in Berlin, more than 500 industry leaders gathered to weigh the hype against the hard realities.
Energy storage could cut Brazil’s electricity system costs 16% in 2029
Storage is essential to expand renewables penetration and ensure grid flexibility, according to a study by consultants PSR. Regulatory and tax barriers still limit the sector, however, and new revenue sources are needed to make projects viable.
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