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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DayOne signs 1.5 GWp solar and 2.2 GWh storage deal with TNB units in Malaysia New bilateral energy supply contracts under Malaysia's Corporate Renewable Energy Supply Scheme bring DayOne's total secured renewable energy in the country to more than 1 GW.
Brian Publicover
2 hours ago
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Aquila secures €26 million financing for German battery project ING Deutschland has agreed to provide €26 million ($30 million) in debt financing for a 56 MW/112 MWh battery energy storage system (BESS) in northern Germany.
Sandra Enkhardt
3 hours ago
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US IPP raises $150 million to advance 3.2 GW late-stage hybrid, BESS portfolio AB CarVal, which led Pathway Power's debt funding round, said the financing will support projects addressing load growth from data centers and reshoring in congested markets in the US.
Max Hall
19 hours ago
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‘China is the place to be’: Enervenue deploys first nickel-hydrogen pilot, targets 1 GWh production by 2027 “We are geopolitically independent. We are combining the best of both worlds: innovation from the US and creating our manufacturing footprint in China,” Henning Rath, newly appointed CEO, Enervenue, told ESS News from the company’s manufacturing base in Changzhou, China.
Blathnaid O’Dea
20 hours ago
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Panasonic to invest $2 billion in data center battery push, ramp up US manufacturing New US production line, increased production capacity in Osaka and an expanded footprint in Mexico announced as Panasonic Group targets battery storage demand driven by AI data center expansion. Panasonic plans to triple DC energy storage revenues.
Matthew Lynas
21 hours ago
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Chint Solar Europe sells 56 MW/180 MWh German BESS portfolio to Second Foundation Chint Solar Europe has agreed to sell five standalone battery energy storage projects in eastern Germany, which it will deliver turnkey under a forward COD structure the company describes as relatively uncommon in the market.
Brian Publicover
21 hours ago
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Slovenia unveils battery storage rebate scheme Companies that connected battery energy storage systems to the grid in Slovenia between January and July this year will be able to apply for a non-repayable grant covering up to 45% of eligible investment costs, capped at €225 ($259.33)/kWh, through a €10 million rebate scheme opening for applications in August.
Patrick Jowett
22 hours ago

All Industry news

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Aluminum maker to acquire Northvolt’s battery recycling business Swedish battery maker Northvolt has been withdrawing from non-core businesses in the face of a financial crisis.
Max Hall
Jan 14, 2025
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Toyota concept car
Japan keeps lead in solid state battery development While China, South Korea, Europe, and the US are also engaged in active development of all solid state batteries, Japan is leading the charge offering generous subsidies to technology proponents.
Marija Maisch
Jan 10, 2025
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China proposes to cut exports of battery cathode and lithium processing technologies China is proposing an export ban on critical battery cathode and lithium processing technologies which could further solidify its upstream dominance.
Marija Maisch
Jan 09, 2025
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Chile has 15 GW of energy storage under environmental permitting The Chilean Association of Renewable Energy and Storage (Acera) says 3 GW of energy storage projects have gotten off the ground and another 15 GW are at the environmental permitting stage.
Luis Ini
Jan 09, 2025
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Quinone redox flow battery company secures $2.6m for commercial pilot site Quino Energy says the mildly alkaline nature of its storage medium means it can be installed in existing oil industry holding tanks.
Max Hall
Jan 09, 2025
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U.S. DOE loans $1.8 billion to Arizona utility for solar, storage, transmission The Department of Energy Loans Programs Office has approved a loan to Arizona Public Service (APS) to construct new electricity generation, storage and transmission assets.
Ryan Kennedy
Jan 09, 2025
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Chinese lithium-ion anode producer halts $1.4 billion Swedish investment The decision comes after the Swedish Strategic Products Inspectorate imposed regulatory conditions deemed unacceptable by China's Putailai New Energy Technology.
Vincent Shaw
Jan 08, 2025
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Grenergy approaches $1bn finance for Chile’s Oasis de Atacama site The Spanish company says it plans to continue expanding in Chile with new energy storage-focused projects and wants to replicate this model in Europe and the United States.
Pilar Sanchez Molina
Jan 08, 2025
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Energy storage element to PV and solar thermal grants in Italy’s Friuli-Venezia Giulia The $2.5 million available from the regional government and the European Union's European Regional Development Fund (ERDF) can finance storage units twinned with PV and solar thermal generation at businesses.
Massimiliano Tripodo
Jan 07, 2025

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