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.
Advertisement
Advertisement
Advertisement
Latest News
Market intelligence, innovation, and trust: The manufacturer’s new playbook for staying ahead in Europe’s storage market
Europe’s energy storage market is becoming increasingly segmented, with residential, C&I, and utility-scale growth following distinct country-level policy, economic, and market dynamics. For manufacturers, success increasingly depends on combining market intelligence, downstream partnerships, brand trust, and technological innovation to identify priorities and capture growth through 2027–2028.
18 hours ago
Advertisement
EU mobilizes €1.5 billion in interest-free loans for European battery cell manufacturing
The European Commission is offering up to €1.5 billion in interest-free loans to support battery cell manufacturing projects across the EEA. The Battery Booster Facility targets new EV battery plants in the production ramp-up phase, with projects eligible for up to €500 million in funding.
US could surpass 100 GW of annual inverter and PCS manufacturing capacity by 2027
BESS in their current form make use of inverters within the power conversion systems, and Chinese supplier accounted for nearly 50% of the market. The FCC's new laws make future products look uncertain, unless made in the USA.
Advanced sodium-ion battery prototypes now approaching 200 Wh/kg
An international team of scientists has reviewed recent advances in sodium-ion battery components, highlighting their potential as a lower-cost, more sustainable alternative to lithium-ion batteries. The researchers identify key challenges including lower energy density, shorter cycle life and manufacturing constraints, while pointing to advances in materials and electrolytes as important to future commercialization.
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.
Advertisement
All Industry news
Advertisement
Advertisement
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.
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.
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.
Advertisement