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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Palisade inks deal to buy 100% tolled Australian big battery project One of the biggest batteries under construction in South Australia is set to change hands with Australian asset manager Palisade Investment Partners striking a deal to buy the 240 MW / 960 MWh Summerfield project from Copenhagen Infrastructure Partners.
David Carroll
Apr 14, 2026
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Deye shows first signs of significant profits for Chinese energy storage makers Deye projected a 70% rise in profits for first-quarter profits, as Chinese storage makers look set to benefit from the Iran conflict.
Tristan Rayner
Apr 13, 2026
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Construction underway at Thai 60 MWh facility in direct supply deal, courtesy of Japanese funding Japan is helping an industrial giant decarbonize via solar and storage, in a cross-border subsidy scheme.
Tristan Rayner
Apr 13, 2026
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Envision inks $500 million finance deal following AI announcement Chinese energy company announced major funding package one week on from launch of 12.5 MWh AI battery energy storage system (BESS). Backed by more than $1 billion of finance deals in 2026 , Envision Energy is eyeing global expansion.
Matthew Lynas
Apr 13, 2026
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Key takeaways from ESIE 2026 (Pt 1): China storage enters a more disciplined growth phase Vincent Shaw reports from the floor of China's major energy storage tradeshow.
Vincent Shaw
Apr 10, 2026
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CATL invests $600 million in Chinese data center power business Battery manufacturer increases investment in Zhongheng Electric shareholder, a data center power system provider in China. The deal sees CATL increase exposure to high-voltage direct current (HVDC) infrastructure as AI sector pursues DC architecture for data centers.
Matthew Lynas
Apr 10, 2026
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Energy Vault enters Japanese market with 850 MW storage portfolio acquisition Energy Vault has entered the Japanese energy market through a binding agreement to acquire an 850 MW pipeline of battery energy storage system (BESS) projects, targeting an increasingly congested and solar curtailed grid.
Tristan Rayner
Apr 10, 2026

All Industry news

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Workers assembling batteries
Eos Energy lands $315.5 million investment to expand its LDES market footprint  New York-based Cerberus Capital Management’s investment will enable Eos Energy to restructure some existing debts as it aims to capitalize on increased global demand for long-duration energy storage services. 
Blathnaid O’Dea
Jun 26, 2024
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Quantum 2 battery energy storage
In Conversation: Wärtsilä’s strategy of concentration Go big or go home might be the new motto in the battery energy storage industry, but some players are taking a more thoughtful approach. pv magazine ESS News caught up with Wärtsilä Energy Storage & Optimisation (ES&O) at last week’s Smarter E in Munich to discuss its business and technology strategies.
Marija Maisch
Jun 26, 2024
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Pacific Green battery energy storage containers
Pacific Green enters Polish energy storage market to explore widening revenue opportunities UK renewables developer Pacific Green Technologies plans to acquire a majority stake in two 50 MW Polish battery energy storage projects from an unnamed international developer.
Marija Maisch
Jun 26, 2024
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Large battery energy storage by Fluence
In Conversation: Fluence mulls manufacturing in Europe While it may be cheaper and easier in China, battery manufacturing in Europe has its appeal. pv magazine ESS News caught up with Fluence at the last week's Smarter E in Munich to discuss its expansion plans.
Marija Maisch
Jun 25, 2024
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Battery storage systems
The Mobility House, GESI to deliver 8 GW of battery storage in Germany The portfolio is to be implemented by a joint venture between the two companies by 2035. The Mobility House will contribute its experience in commercilization of the batteries, while GESI will handle project coordination and financing.
Jochen Siemer
Jun 25, 2024
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Container with battery energy storage systems is placed on a trailer
In Conversation: Weight – a new challenge for BESS in Europe Driven by the demand for higher efficiency and cost reduction, large-scale battery energy storage systems are increasigly featuring higher capacity cells. This has given rise to new challenges on the logistics front, particularly on the European soil. pv magazine ESS News caught up with Trina Storage at last week's Smarter E show to discuss this.
Marija Maisch
Jun 24, 2024
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Varta energy storage
Varta cuts revenue forecast amid storage market slowdown German battery maker Varta AG has revised its revenue forcast for fiscal year 2024 due to a "significant deterioration" in the energy storage market environment.
Marija Maisch
Jun 24, 2024
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Three men signing the agreement
Plans for BESS assembly plant in Nigeria RIPLEnergy Company has signed a Memorandum of Understanding with GIB EnergyX Slovakia s.r.o. to co-develop an assembly plant in Nigeria. The new plant should supply Battery Energy Storage Systems (BESS) in support of RIPLE’s Renewable Energy investments to supply commercial and industrial demand for 24/7 electricity.
Carrie Hampel
Jun 21, 2024
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Global Battery Alliance Logo
Global Battery Alliance launches Battery Passport pilots The Global Battery Alliance (GBA) has just launched the second wave of its Battery Passport pilots, which includes 11 pilot consortia. This second wave will establish the Minimum Viable Product of the GBA Battery Passport with a product-level ESG (Environment, Social, Governance) score.
Carrie Hampel
Jun 21, 2024

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