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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.

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Industry

Sodium nickel chloride battery factory proposed for New Mexico North America’s Desert Mountain Energy Corporation has signed a non-binding letter of intent to form a joint venture to build and operate a sodium-nickel-chloride (SNC) battery manufacturing plant in Roswell, New Mexico. As per the proposal, the facility would use produced water from oil and gas wells as part of a cooling and processing system intended to support battery production as well as a data center complex.

Blathnaid O’Dea

Dec 04, 2025

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Finance

Modo Energy raises $33M and sets out AI ambitions Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.

Matthew Lynas

Dec 03, 2025

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Markets

462 storage projects totaling 7,614 MW are being processed in Spain 483 MW already have Administrative Construction Authorization, while 2,644 MW have obtained a favorable Environmental Impact Statement.

Pilar Sanchez Molina, Jose Pedrosa

Dec 03, 2025

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Industry

Malaysia’s 4 GW / 5.12 GWh solar-plus-storage complex gets World Bank funding The Southern Johor Renewable Energy Corridor (SJREC) will be developed as part of a $6 billion project for a 2,000 kilometer-squared hybrid solar and battery energy storage system zone connecting South East Asia.

Tristan Rayner

Dec 02, 2025

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Industry

Falling storage costs highlighted as India clears 600 MWh project for $75 million India advances its storage build-out with a 300 MW project in the state of Gujarat.

Tristan Rayner, Uma Gupta

Dec 02, 2025

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Industry

Canadian Solar consolidates US manufacturing under parent, including solar and storage By moving US manufacturing assets out from under its China-listed firm, while aiming to be a developer, a module manufacturer, and a battery producer, without the China-owned scrutiny.

Tristan Rayner

Dec 01, 2025

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Industry

US battery fleet grows 59% with nearly 14 GW added in 12 months, says EIA Data from the US Energy Information Administration (EIA) shows that battery energy storage and solar are dominating capacity additions, while fossil fuel capacity continues to net a decline. Another 22 GW of storage is projected for the coming year.

Tristan Rayner

Dec 01, 2025

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