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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Enerparc attracts more than 100 potential investors as insolvency sale moves forward More than 100 potential investors have expressed interest in insolvent German solar and storage developer Enerparc, with initial bids already submitted and a first transaction targeted for December. The sale could include solar portfolios, project pipelines and key subsidiaries, while financing challenges and potential creditor losses remain unresolved.
Michael Fuhs
12 minutes ago
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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
4 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

All Industry news

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Tesla to buy site of insolvent battery production equipment maker Manz In addition to physical assets, employees will also be taken on by the German subsidiary of the Californian electric car manufacturer. The operational business of the insolvent Manz AG will not be continued.
Sandra Enkhardt
Feb 28, 2025
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Energy storage prices in Q1 face market stabilization and tariff uncertainty Energy storage prices saw slight declines in late 2024, but a new wave of tariffs and trade rulings is likely to reshape pricing in the months ahead.
Phoebe Skok
Feb 28, 2025
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Pexapark: European BESS marketplace maturing as sophisticated contracts go mainstream Utility-scale batteries are beginning to “flatten” the renewable energy production curve in parts of Europe, enabled by financial structures such as tolling and floor contracts, reports Power Purchase Agreement (PPA) advisory Pexapark. The Swiss company acquired RenewaFi this week, gaining a foothold in the U.S. marketplace.
Jonathan Gifford
Feb 27, 2025
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Australia opens $29m second round of community battery funding program The first round of the Australian Renewable Energy Agency's (ARENA) community batteries funding initiative (CBFI) supported 370 projects.
Ev Foley
Feb 27, 2025
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India’s Inverted plans 5 GWh battery factory in Rajasthan The fully-automated production facility is set to be operational from April 2026.
Uma Gupta
Feb 25, 2025
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Offtake deal with oil and gas company for 410 MWh battery in Australia Battery revenue swap (BRS) deal for the 205 MW/410 MWh Brendale battery energy storage system (BESS) which is due online next year.
Ev Foley
Feb 24, 2025
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India’s Reliance secures 10 GWh battery cell production capacity under national incentive scheme The second round of bidding for the INR 181 billion ($2.09 billion) advanced-chemistry cell (ACC) portion of India's production-linked incentive (PLI) program ensured 40 GWh of annual production lines have now been awarded.
Uma Gupta
Feb 24, 2025
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India’s Reliance Infrastructure to enter battery, solar manufacturing Reliance Infrastructure Ltd (Rinfra) has announced plans to set up solar equipment and battery manufacturing units.
Uma Gupta
Feb 21, 2025
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Israel awards 1.5 GW energy storage in tender, pricing from $49.41 to $74.20 per kWh Israel’s storage tender sets prices between $0.0056 and $0.0085 per kW, with kWh figures therefore at $49.41 to $74.20 per kWh.
Tristan Rayner
Feb 20, 2025

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