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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European Energy reaches financial close on 40 MW/80 MWh battery project in Australia European Energy will add a 40 MW/80 MWh AC-coupled battery energy storage system to the Mokoan Solar Farm in Victoria, Australia, with financing support from Deutsche Bank.
David Carroll
14 hours ago
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Navvion assesses plans for BESS factory in Brazil US-based Navvion Energy Storage Systems is evaluating the feasibility of setting up a battery energy storage system (BESS) manufacturing plant in Brazil.
Alessandra Neris
17 hours ago
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Nextpower completes $365 million Prevalon Energy acquisition Nextpower has closed its acquisition of battery energy storage system (BESS) integrator Prevalon Energy, completing a deal first announced in May.
Brian Publicover
Jul 20, 2026
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Hunan Yuneng plans CNY 24 billion LFP complex in China Hunan Yuneng will invest CNY 24 billion ($3.5 billion) in an integrated battery materials and recycling complex in southwestern China, adding 800,000 metric tons of annual lithium iron phosphate (LFP) production capacity.
Vincent Shaw
Jul 20, 2026
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Brazil risks missing sodium-ion battery manufacturing opportunity China is moving sodium-ion batteries into industrial production, but Brazil risks repeating its lithium experience by remaining a tech importer despite its raw materials, solar resources, and growing storage demand.
João Paulo Menezes
Jul 20, 2026
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India launches tender for 10 GWh battery cell manufacturing capacity for grid storage The Indian government is seeking bids for 10 GWh of advanced chemistry cell manufacturing capacity dedicated to grid-scale stationary storage under the country’s battery manufacturing incentive program.
Uma Gupta
Jul 17, 2026
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Sonnedix acquires 260 MW battery storage portfolio in Italy Sonnedix has acquired a 260 MW storage portfolio in Italy from developer Sphera Energy, expanding its total battery energy storage system (BESS) capacity to about 2.8 GW.
Brian Publicover
Jul 17, 2026

All Industry news

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India’s Waaree to invest $200m into US batteries Waaree is betting on the US renewables market with fresh battery investment commitments on top of plans to double its solar module production capacity in Texas.
Uma Gupta
May 16, 2025
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Romania’s Prime Batteries teams with Arrow and NXP on 1,500 V battery storage platform Prime, Arrow, and NXP, have unveiled a 1,500 V battery storage platform with safety certification but short on details around capacity or costing.
Tristan Rayner
May 14, 2025
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Flow battery startup VFlowTEch banks $20.5M as ramp up continues The Singaporean company is working on long duration storage and received wide backing from a variety of investors.
Tristan Rayner
May 14, 2025
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UAE, Kazakhstan commit to 2 GW battery storage in wider renewable energy agreement The agreement will see the development of up to 500 MW of baseload renewable energy and up to 2 GW of battery energy storage system (BESS) projects.
Tristan Rayner
May 14, 2025
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Tesvolt battery storage to benefit from “Made in Europe” funding bonus in Austria Tesvolt's new battery modules, each offering 6.25 kilowatt-hours of storage capacity and a scalable design, are set to receive Austria's "Made in Europe" funding bonus. This eligibility stems from their production in Wittenberg, Germany. The bonus will be introduced with the upcoming funding call in June.
Sandra Enkhardt
May 13, 2025
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Fluence pauses projects amid tariff uncertainty, revenue decline U.S.-based energy storage company Fluence has revised its earnings outlook and paused certain projects as trade tariff uncertainty weighs on revenue projections. Yet a rapid turnaround could happen given recent tariff decisions.
Tristan Rayner
May 13, 2025
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Latin America ‘needs modern grid infrastructure, stable regulation, and pro-investment policy’ Atlas Renewable Energy recently inaugurated the 200 MW/800 MWh 'BESS Del Desierto' project in Chile's Antofagasta region days after closing $510 million to build the 215 MW solar plus 418 MW/1,672 MWh BESS Estepa site. pv magazine spoke with Alfredo Solar, Atlas' regional manager for Chile, about those milestones, the state of the sector, and LatAm's renewables prospects.
Luis Ini
May 13, 2025
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Egypt’s 1GW / 200MWh solar-plus-storage project secures EBRD funding The Obelisk project in Egypt continues to advance, with new funding from the European Bank for Reconstruction and Development (EBRD).
Tristan Rayner
May 13, 2025
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Falling prices, geopolitic risk define energy storage market Speakers from the NetZero Milan Expo-Summit 2025, that opens tomorrow, have told pv magazine a falling lithium price is putting pressure on emerging battery alternatives such as sodium-ion as the industry shifts from incremental gains in performance to larger battery cells.
Sergio Matalucci
May 13, 2025

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