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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US energy storage shatters records with 58 GWh installed in 2025 A new quarterly report from SEIA and Benchmark Mineral Intelligence highlights a 30% year-over-year growth in the US battery market, even as the industry braces for supply chain restructuring and a shift in the political landscape.
Ryan Kennedy
23 hours ago
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Lyten completes Northvolt acquisition: Set to manufacture lithium-sulfur batteries at gigascale and kickstart R&D in Sweden Lyten expects commercial sales of cells from its Swedish hub to supply its battery manufacturing facility in Poland in the second half of 2026.
Blathnaid O’Dea
Feb 27, 2026
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Enervis Battery Storage Index: Slight recovery in January, but still weak winter levels Independent assessment of historical and future achievable revenues for large-scale battery storage systems
Mirko Schlossarczyk, Jonas Anthonioz
Feb 27, 2026
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Germany’s grid-fee reform threatens energy storage investment Energy storage systems are indispensable for the German energy system. They increase security of supply, reduce energy costs, and support efficient grid operation. However, investment security is at risk. The AgNes grid fee reform and the elimination of the exemption from grid fees for storage systems are causing investors to hesitate and projects to stall.
Julian Jansen
Feb 26, 2026
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Statkraft inks its largest BESS PPA deal in the Nordics Power purchase agreement (PPA) with OX2 covers 235 MW of battery energy storage system (BESS) capacity across two projects in Finland. Both energy storage assets will be located alongside wind projects.
Matthew Lynas
Feb 26, 2026
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Grenergy BESS pipeline swells to 72 GWh, turns on investment taps Developer built 7 GWh of energy storage and 1 GW solar capacity in 2025, fiscal year results reveal. Tolling agreements and PPA activity support build out of solar and storage plants in Latin America and Europe.
Matthew Lynas
Feb 25, 2026
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Axpo, Advance Green Energy sign long-term hedging deal for Bulgarian BESS A long‑term hedging deal secures revenues for one of Bulgaria’s largest operational battery projects.
Tristan Rayner
Feb 25, 2026

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Atlas Renewable garners $289 million for battery energy storage in Chile Financing for the battery energy storage system (BESS) del Desierto project in Chile involves agreements with BNP Paribas and Crédit Agricole CIB with a $219 million loan and US$70 million in other credit lines. The fresh capital should finance the construction of the 200 MW / 800 MWh system, located in the commune of María Elena, Antofagasta region.
Luis Ini
Aug 15, 2024
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AGL buys up battery energy storage specialist Firm Power, adding 6.1 GW to pipeline Australian energy giant AGL has added a development pipeline of more than 6 GW of large-scale battery energy storage projects to its portfolio, via two major acquisitions.
Tristan Rayner
Aug 14, 2024
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IRA-driven battery projects face delays amid economic headwinds: report A report has found numerous US IRA-driven projects announced or under construction have been placed on hold or cancelled, including the battery industry, due largely to an EV slowdown.
Tristan Rayner
Aug 12, 2024
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Disassembled batteries
Fraunhofer finds European battery recycling continuing to grow at pace Research institute Fraunhofer ISI has detailed the growth of the battery recycling industry in Europe, noting as manufacturing grows, so do recycling efforts to capture valuable and critical raw materials.
Tristan Rayner
Aug 12, 2024
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500 MW solar-plus-storage project faces legal threat in UK Local governments in the United Kingdom have launched a legal challenge against the Sunnica Energy Farm project, claiming the development will put more financial pressure on cash-strapped councils. The Sunnica project was greenlit by the new Labour government in July 2024.
Matthew Lynas
Aug 09, 2024
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tesla megapack
Tesla usurps Sungrow as lead BESS producer globally in 2023 Sungrow has lost its crown as the “lead producer” in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ‘Global battery energy storage system integrator ranking 2024’. Tesla claimed a 15% global market share in 2023.
Carrie Hampel
Aug 09, 2024
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FRV starts construction on first Australia standalone battery project Fotowatio Renewable Ventures Australia says it has begun construction on its first standalone battery energy storage system in the country after reaching financial close on the project.
David Carroll
Aug 08, 2024
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$63 million allocated to advance battery recycling in the USA The Department of Energy (DoE) has announced $63 million of support allocated by the Biden-Harris administration to advance battery recycling and smart manufacturing across the United States.
Carrie Hampel
Aug 08, 2024
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KGAL ESPF 5 joins forces with IMCS on battery systems in Italy German investment and asset manager KGAL and Italian renewable energy specialist IMCS have entered into a joint venture to develop battery storage systems (BESS) in Italy.
Carrie Hampel
Aug 08, 2024

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