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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Matrix secures financing for 500 MW Scotland project; Tavion raises funds, secures 1.7 GW Poland pipeline Fresh financing is flowing towards battery storage developers in Europe with ambitious deployment plans.
Marija Maisch
Apr 30, 2026
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587 Ah vs. 588 Ah: the difference is more than 1 Ah The new LFP formats reflect two competing paths for large-scale storage: standardization first, or long-duration optimization.
Vincent Shaw
Apr 29, 2026
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Beyond the cell: The evolution of battery costs For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Yet with rising costs for battery cells, the opposite might be expected. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
Paola Perez Peña
Apr 29, 2026
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CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
Marija Maisch
Apr 28, 2026
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Eos battery with an American flag.
US medium duration storage endures woes, while Form’s long duration grows, and lithium overflows U.S. medium and long duration manufacturers EOS and ESS are showing stress, while Form Energy is outpacing projections and now must scale – all while being stalked by lithium’s ever widening use profile.
John Fitzgerald Weaver
Apr 28, 2026
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Dyness battery container stolen from BM Energy logistics partner, units to be remotely blocked A market alert for the attention of installers, distributors and traders in the solar and storage market.
Tristan Rayner
Apr 27, 2026
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Grenergy signs 12 year tolling deal for Spanish hybrid project with 680 MWh BESS The new tolling agreement is likely the most significant for co-located battery storage in Europe in terms of both project size and contract duration.
Marija Maisch
Apr 27, 2026

All Industry news

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Large battery energy storage by Fluence
Fluence initiates manufacturing of battery storage modules in the US The joint venture between Siemens and AES Corporation is the latest manufacturer to ramp up US-based production activity in a bid to offer solutions that qualify for the Inflation Reduction Act’s domestic content bonus tax credit.
Marija Maisch
Sep 12, 2024
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Demand for large capacity battery storage cells goes strong as prices continue to slide The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells continued to slide in August, reaching CNY 0.35/Wh ($0.049/Wh). Meanwhile, demand for large capacity cells continued to grow at a steady pace.
Marija Maisch
Sep 11, 2024
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Saft expands battery production in the US to meet local demand French battery maker Saft says it has started the production of its I-Shift grid-scale battery energy storage systems from its Jacksonville factory in the state of Florida. The company plans to boost its production capacity in the US to 5 GWh by 2027.
Marija Maisch
Sep 10, 2024
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Actis invests in 3.5 GW/4.5 GWh Fillipino solar-plus-storage site The private equity investor has become a strategic partner in a project set to be the world’s largest integrated renewables and energy storage installation. Actis is investing $600 million for a 40% equity stake.
Patrick Jowett
Sep 10, 2024
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Australian startup Allegro to ramp flow battery capacity after AUD 17.5m funding round The redox flow battery developer aims to “rapidly accelerate” its manufacturing capacity after closing a funding round that attracted major domestic and international investors.
David Carroll
Sep 10, 2024
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Northvolt scraps CAM gigafactory plans, seeks partners for storage business in Poland Swedish battery maker Northvolt is pausing its cathode active material production plans in Sweden and selling one site in Sweden. It is also seeking partners and investors for its energy storage business based in Gdańsk, Poland.
Marija Maisch
Sep 09, 2024
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Energy storage in Mexico: fertile ground for technological development and investment With Mexico's president-elect having announced an intent to attract renewables investment, energy storage was the subject of much discussion at the Intersolar Mexico trade show.
Max Hall, Jorge Zarco
Sep 09, 2024
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Matrix Energia issues Brazil’s first green bond for large-scale battery storage The Brazilian power company plans to install 224 MWh of battery energy storage system (BESS) capacity by 2025.
Lívia Neves
Sep 09, 2024
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Battery energy storage system with containers and a tree and sky in the background.
1 GWh Texas battery portfolio secures financing Four Texas battery energy storage (BESS) projects with a combined capacity of 730 MW / 1,049 MWh have secured $315.7 million in financing with a view to becoming operational later this year.
Blathnaid O’Dea
Sep 06, 2024

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