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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Northland Power closes financing for 1.2 GWh battery storage projects in Poland With construction underway and certain risks now behind it, Northland's Polish battery storage portfolio has secured financing for the project.
Tristan Rayner
3 hours ago
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Hebei Juhang and Kohinoor Energy plan battery manufacturing plant in Pakistan Chinese battery manufacturer signs memorandum of understanding (MoU) with Kohinoor Energy Limited for assembly and manufacturing plant. The MoU comes as Pakistan’s energy regulator mandates battery energy storage systems (BESS) in its next solar and wind tender.
Matthew Lynas
Oct 02, 2026
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CBAK Energy to add 12 GWh sodium-ion cell production capacity in Nanjing Chinese lithium-ion battery manufacturer signs investment agreement with Nanjing Gaochun Economic Development Zone. Separate 6 GWh expansion planned for existing Nanjing facility expected by year-end 2026.
Matthew Lynas
Oct 02, 2026
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Batteries from Canadian Solar
Copenhagen Infrastructure Partners backs 1.4 GWh battery in Scotland Copenhagen Infrastructure Partners (CIP) has made a final investment decision (FID) on a four-hour battery energy storage system (BESS) in Scotland, which it says will be the longest-duration asset in its UK fleet.
Brian Publicover
Oct 02, 2026
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Shared grid connections concentrate battery insurance risk Tokio Marine GX (TMGX) sees exposures of up to billions of dollars building up at co-located battery energy storage system (BESS) sites, and says lenders are only beginning to require cyber cover.
Brian Publicover
Oct 01, 2026
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Wärtsilä and RCT Solutions launch storage integrator Valo Wärtsilä has moved its battery energy storage system (BESS) business into a 50/50 joint venture with RCT Solutions, which it expects to remain loss-making until late 2027.
Brian Publicover
Oct 01, 2026
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Hoymiles doubles down on storage in Europe after H1 loss Chinese microinverter maker Hoymiles is promoting its commercial and industrial (C&I) and utility-scale battery energy storage systems (BESS) across Europe, as storage grows to more than three-quarters of its sales.
Brian Publicover
Sep 30, 2026

All Industry news

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Made-in-Australia microemulsion flow battery for long-duration storage Allegro Energy and Origin Energy will install Australia’s first microemulsion flow battery at the Eraring coal-fired power station, in New South Wales.
Ev Foley
Mar 28, 2025
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Power electronics for customized battery energy storage Startup p&e power&energy is offering multilevel inverter technology to manufacturers and integrators of battery energy storage systems (BESS). Interconnecting individual cells enables cost savings and the service life and efficiency of the systems, which can be individually configured for each application, can be increased.
Cornelia Lichner
Mar 27, 2025
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Spain proposes Andalusia get almost half of EU’s €700 million energy storage aid package The draft rules published by Spain's Ministry for the Ecological Transition and the Demographic Challenge (MITECO) suggest Andalusia should receive almost €312 million ($336 million) of the €700 million disbursed by the European Union's regional development fund to drive energy storage.
Pilar Sanchez Molina
Mar 27, 2025
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Hithium files for Hong Kong listing as global demand for energy storage surges Chinese battery maker Hithium has filed for a Hong Kong listing, aiming to capitalize on the booming energy storage market. With a rapid rise in shipments and strong revenue growth, the company seeks to expand its production capacity, enhance R&D, and accelerate global expansion.
Vincent Shaw
Mar 27, 2025
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Australian budget sees renewed calls for battery subsidy scheme, local manufacturing Industry representatives, a solar consumer group, and a senator are among the voices calling for support for batteries instead of continuing electricity bill support in the latest federal budget.
Ev Foley
Mar 26, 2025
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Sax Power doubles home battery production capacity in Germany The storage specialist has built a second assembly hall at its site near Ulm. Its new battery energy storage system (BESS), the 7.7 kWh Home Plus, will be built there.
Ralph Diermann
Mar 24, 2025
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China’s Sunwoda invests $1.5bn in Thailand battery plants The move strengthens Thailand’s EV and energy storage supply chain as the country pushes to become a regional manufacturing hub.
Vincent Shaw
Mar 24, 2025
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Equis starts building 500 MWh Tesla battery in Australia after securing merchant debt financing The 250 MW/500 MWh battery energy storage system (BESS) has secured an energy offtake agreement, from SmartestEnergy for 100 MW/200 MWh of the site. The balance will operate on a merchant basis and be powered by Tesla Autobidder.
Ev Foley
Mar 24, 2025
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Battery energy storage system
India raises subsidized battery target to 13.2 GWh The Indian government has increased the battery energy storage target of its viability gap funding (VGF) program to 13.2 GWh. The subsidy scheme provides financial support for up to 40% of battery energy storage system (BESS) project capital costs.
Uma Gupta
Mar 21, 2025

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