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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Varta files for self-administered insolvency, including storage business German battery manufacturer Varta has filed for self-administered insolvency, with the proceedings covering its solar-storage and energy management business.
Ralph Diermann
13 hours ago
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CATL storage revenue jumps 88% as H1 profit hits CNY 43.3 billion Chinese battery manufacturer CATL reported an 87.5% increase in first-half energy storage revenue and announced a record A-share buyback alongside a CNY 6.49 billion ($958.3 million) interim dividend.
Vincent Shaw
14 hours ago
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Bolivia secures $204.2 million for grid links and storage Inter-American Development Bank (IDB) has approved $204.2 million to connect remote power systems in Bolivia to Brazil's electricity grid while funding PV and battery energy storage systems (BESS) to reduce diesel use in the Amazon.
Luis Ini
21 hours ago
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AfDB approves €100 million loan for Morocco battery gigafactory The African Development Bank (AfDB) has approved a €100 million ($113.7 million) loan to Gotion Power Morocco to build what it calls Africa's first integrated lithium iron phosphate (LFP) battery gigafactory.
Brian Publicover
Jul 24, 2026
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Alpiq acquires 90% stake in UK battery storage developer Swiss power producer Alpiq has agreed to acquire a 90% stake in UK battery system developer Harmony Energy to expand its storage pipeline across Europe.
Francois Puthod
Jul 24, 2026
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Atlas Renewable eyes up to 500 MW for Brazil battery storage auction Atlas Renewable Energy said it could enter up to 500 MW of battery storage projects in Brazil's first capacity reserve auction for storage, while calling for additional revenue mechanisms and stronger bid guarantees.
Lívia Neves
Jul 24, 2026
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Brookfield acquires Aypa Power in $7 billion energy storage deal Brookfield Asset Management has agreed to acquire battery storage developer Aypa Power from Blackstone for about $7 billion, securing a 26.5 GW utility-scale storage pipeline across North America.
Ryan Kennedy
Jul 24, 2026

All Industry news

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ABB, Suma Capital, Verbund invest €12m in Spanish battery maker Hesstec The new shareholders will help the Valencian business expand into European and wider markets by targeting grid companies, renewable energy sites, and big commercial and industrial (C&I) clients.
Pilar Sanchez Molina
May 28, 2025
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Australian lithium titanate battery maker launches global licensing model Manufacturers worldwide will be able to produce and rebrand Zenaji's Aeon and Eternity lithium titanate oxide (LTO) products by signing a licensing agreement.
Ev Foley
May 28, 2025
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EU preps first energy-transition manufacturing site auctions At least 30% of clean energy manufacturing sites awarded under auction in EU member states will have to meet sustainability requirements in areas such as responsible business conduct and cybersecurity.
Pilar Sanchez Molina
May 27, 2025
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Australian state ends interest-free home battery program The state of Victoria is no longer accepting applications for interest-free home battery loans and said the scheme will eventually have financed more than 5,800 systems.
David Carroll
May 27, 2025
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New York offers $5m+ for energy storage innovation The state's energy research entity has removed the word 'renewable' from its innovation fund and made more than $5 million available for new long-duration energy storage (LDES)- and advanced battery-related systems.
Max Hall
May 26, 2025
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How Germany’s Green Flexibility will spend its $455m battery fund Christoph Ostermann, founder and CEO of Bavarian business Green Flexibility, tells pv magazine how the young company will spend the €400 million ($455 million) raised by selling shares to Swiss investor Partners Group. With the cash to be invested into battery energy storage systems (BESS), former Sonnen co-founder Ostermann explains acquisitions will be made alongside in-house development but insists any acquired BESS must have a grid connection commitment.
Michael Fuhs
May 26, 2025
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System integration issues dominate BESS manufacturing defects in 2024, CEA reveals Clean Energy Associates (CEA) reveals issues in fire detection and suppressions, along with auxiliary circuit panels, and thermal management defects, were key manufacturing problems encountered during its assessments.
Tristan Rayner
May 23, 2025
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Falling li-ion battery prices mirror solar photovoltaics trends: Is there a role for second-life batteries before recycling? Lithium-ion batteries are everywhere, powering everything from consumer electronics to electric vehicles, residential PV storage systems, and, more recently, mitigating curtailment in large-scale wind and solar power plants. EVs are driving large-scale demand for Li-ion batteries which will result in substantial volumes of spent batteries in the near future. This scenario highlights the potential for repurposing EV batteries for second-life stationary applications, which could maximise their value before recycling. However, to fully realise this opportunity, several economic, technical, and regulatory challenges must be addressed and resolved.
International Solar Energy Society
May 22, 2025
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BW ESS secures loan for 331 MWh British battery The battery energy storage system (BESS), in the South East of England, was installed in record time and Shell has been marketing its services since February under a British-first, seven-year tolling agreement.
Max Hall
May 22, 2025

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