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
Fluence reports 164 GWh pipeline including major hyperscaler order
Increased demand from utilities, developers and data centers has led to a record order backlog for the energy storage manufacturer. Quarterly revenue increases despite production delays at new contract manufacturing sites.
Aug 07, 2026
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US grants $490 million loan for 220 MW of battery capacity in Puerto Rico
Storage systems will be located in Arecibo and Santa Isabel. The US government estimates that it will be able to supply backup electricity to more than 100,000 customers and avoid around 13 million hours of service disruptions.
Iron-air battery startup Ore Energy raises $43 million in Series A funding round
Dutch long-duration storage developer Ore Energy has closed one of the sector's larger early-stage funding rounds this year, signaling investor appetite for battery chemistries that sidestep lithium supply constraints entirely.
Gotion High-Tech prepares Africa’s first battery gigafactory in Morocco
Chinese battery manufacturer Gotion High-Tech is set to launch a 10 GWh lithium iron phosphate (LFP) battery plant in Morocco for electric vehicle and stationary energy storage applications, with plans to expand capacity to 100 GWh.
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How to qualify for energy storage grants in Spain
Jon Ander López Ibarra, product manager for battery energy storage systems (BESS) at Spanish power conversion system company Jema Energy, says Spain needs to step up and offer BESS developers full remuneration for the crucial energy transition role their projects can play.
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Australian state pairs increased VPP incentive with national battery rebate
The New South Wales (NSW) government has ended its home battery installation rebate, announcing it will instead provide up to $1,500 to households and small businesses that install a battery energy storage system and connect it to a virtual power plant.
House bill puts nearly 265 GW of storage projects at risk
Meeting the proposed operational deadline coupled with permitting delays and supply chain challenges means developers would have to rush to start and finish projects in 3.5 years. Cleanview quantifies the enormous amount of clean energy capacity at risk.
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Hithium, LG begin US battery manufacture in tough American market
As news emerges of the financial travails of American energy storage companies Powin and ESS, Inc., Chinese manufacturer Hithium has officially opened a near-$200 million factory in Texas and Korean brand LG has confirmed the start of lithium iron-phosphate (LFP) battery production in Michigan.
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