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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Germany adds record 1 GWh of battery storage in March Germany could break the gigawatt-hour mark for the first time on a monthly basis. Around 45,000 new residential photovoltaic storage systems have been registered in the market master data register so far in March.
Sandra Enkhardt
15 hours ago
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Amazon commits to 430 MW of solar and BESS power purchase agreements Amazon Australia has announced nine new power purchase agreements, with eight of them featuring battery energy storage.
Ev Foley
19 hours ago
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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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Sorbiforce energy storage container
SorbiForce uses agricultural waste to produce low-cost, safe batteries US-based start-up SorbiForce uses no toxic products or metals in production of its batteries. It claims its systems are cheaper and safer than lithium-ion batteries and have near zero end-of-life waste.
Marija Maisch
Jun 03, 2024
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Neoen battery installation
Brookfield reaches majority stake agreement in Neoen Canadian global asset management company Brookfield has reached agreement for a majority stake in Australia’s largest developer of renewables, France-headquartered Neoen, and is set to acquire a 53.32% stake in pursuit of 100% ownership.
Ev Foley
May 30, 2024
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Svolt battery
SVOLT abandons plans to open battery factory in Germany Chinese battery manufacturer SVOLT has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.
Marija Maisch
May 29, 2024
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Team of Verkor
Verkor secures €1.3 billion for French gigafactory French battery manufacturer Verkor has secured more than €1.3 billion ($1.41 billion) in green financing for the construction of its first gigafactory in France. The production facility will supply batteries for electric vehicles (EVs) and stationary storage across Europe.
Marija Maisch
May 28, 2024
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Headquarter of Solarwatt in Dresden
Solarwatt ends battery storage production in Germany Solarwatt will discontinue production of energy storage systems in Germany by the years' end. In the future, the Dresden-based company will have all of its PV modules and storage systems manufactured exclusively in Asia.
Ralph Diermann, Sandra Enkhardt
May 28, 2024
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Disassembled batteries
Spanish initiative for advanced battery recycling technologies Spain's Energy Technology Institute has initiated a project named RECILION in a bid to develop advanced recycling technologies that are reproducible on a commercial scale.
Pilar Sanchez Molina
May 27, 2024
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Volts battery
Honeywell, Volts partner on Abu Dhabi’s first gigafactory   US-based conglomerate Honeywell and the UAE's energy storage system manufacturer Volts will partner on the UAE’s first gigafactory, which will specialize in the manufacturing of battery cells for residential energy storage systems.
Marija Maisch
May 27, 2024
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Anthony Albanese and Ed Husic
Stationary storage key priority in Australia’s new National Battery Strategy The Australian government has announced its new multi-billion-dollar National Battery Strategy aiming to boost the country’s domestic battery manufacturing capabilities and critical minerals processing capacity.
David Carroll
May 24, 2024
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Varta lithium-ion battery
Sinovoltaics publishes energy storage manufacturer financial stability ranking Sinovoltaics has released its latest energy storage manufacturers ranking report, based on balance sheet assessments and publicly available financial information. It lists US-based Tesla as number one, followed by South Korean’s LG Energy Solution, Taiwan-based Kung Long Battery, China’s Mustang Battery, along with US-based Solid Power in the top five.
Valerie Thompson
May 15, 2024

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