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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Lunas Energy offers financed BESS upgrades for Spanish solar plants Spanish private equity firm Lunas Energy will finance and install battery storage at existing merchant solar plants in exchange for 20- to 25-year power purchase agreements covering combined solar and battery output.
Pilar Sanchez Molina
4 hours ago
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Trina Storage, AMP-lify to supply 1 GWh of battery storage in Japan Trina Storage, the energy storage unit of China's Trinasolar, is deepening its push into Japan's grid-scale battery market through a new supply agreement with developer AMP-lify.
Brian Publicover
Sep 14, 2026
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Masdar, Luxcara plan €5 billion investment in German battery storage, offshore wind Masdar and Luxcara plan to invest more than €5 billion ($5.8 billion) in battery storage and offshore wind projects in Germany, with the partnership also potentially covering other technologies.
Sandra Enkhardt
Sep 14, 2026
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Metlen sells 725 MWh BESS project in Chile to Copec Metlen’s sale of Tamarico II to Copec includes a 725 MWh battery storage system that can be expanded to 925 MWh.
Luis Ini
Sep 11, 2026
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NeoVolta secures up to $30m via credit to expand U.S. BESS manufacturing The RoHo fund has committed up to $30 million in growth capital to NeoVolta as the company scales domestic BESS production in Georgia.
Tristan Rayner
Sep 11, 2026
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Why German energy provider Rabot Energy is selling a 2 kWh AC-only battery, no solar required Avoiding the need for smart meters, dynamic tariffs are made possible with Rabot Energy, with a guaranteed subsidy.
Tristan Rayner
Sep 11, 2026
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Sonnedix secures $1.3 billion refinancing for Chile solar, wind and storage portfolio Seven banks are backing a $1.3 billion refinancing of Sonnedix's Chilean solar and wind assets, which will also fund a new battery storage project.
Brian Publicover
Sep 10, 2026

All Industry news

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Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.
Marija Maisch
Feb 14, 2025
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Go with the flow (batteries) There is a gap in the market for long-duration energy storage (LDES), according to US-based manufacturer ESS Inc. – one which can’t be plugged with lithium-ion chemistry. Hugh McDermott, of ESS Inc. tells pv magazine how he thinks iron flow batteries fit into the energy system of the future, as the company pursues global expansion.
Matthew Lynas
Feb 14, 2025
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Accure raises $16 million, secures 730 MWh of Texas contracts In its next stage of growth, the German company is looking to scale its battery energy storage system (BESS) safety and performance offerings across Europe, Americas and Asia Pacific.
Marija Maisch
Feb 12, 2025
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KPIT, Trentar partner on 3 GWh sodium-ion battery plant The technology transfer agreement includes Trentar investing in a 3 GWh manufacturing facility and KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.
Uma Gupta
Feb 12, 2025
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CATL initiates listing on Hong Kong stock exchange The Chinese battery maker could raise north of $5 billion from its Hong Kong listing. Part of the funds will be used to advance the company's planned manufacturing facility in Hungary.
Marija Maisch
Feb 12, 2025
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BlackRock launches fund for energy storage stocks The global investment giant has launched its iShares Energy Storage and Hydrogen exchange-traded fund (ETF) on the Amsterdam stock exchange. The BlackRock fund will track the Stoxx Global Energy Storage and Hydrogen index.
Max Hall
Feb 12, 2025
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Large battery energy storage by Fluence
Fluence stock plummets almost 50% on slashed guidance The company reported a 49% revenue decline and more than doubled net losses in Q1 FY 2025. A record $5.1 billion order backlog made for welcome reading, however.
Marija Maisch
Feb 12, 2025
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German project for fast industrial implementation of sodium-ion battery technology Cheap, safe, widely available sodium could be used for battery energy storage alongside photovoltaics. The Sodium-Ion-Battery Germany (SIB:DE) Research project is investigating whether sodium-ion technology can be affordably integrated into lithium-ion battery production facilities.
Scarlet Schmitz
Feb 12, 2025
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Tesla begins production at Shanghai Megapack Factory amid intensifying BESS price war Tesla’s first overseas energy storage plant starts operating as global competition from Chinese firms and pricing pressures mount.
Vincent Shaw
Feb 11, 2025
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