Browsing: energy storage

China’s leading battery and energy storage companies have collectively gained over $70 billion in market capitalization following the US and Israeli strikes on Iran, signaling investor anticipation of a long-term pivot toward renewables.

LG Energy Solution is intensifying its push into battery recycling and repurposing, positioning circular resource systems as a core component of its long-term supply strategy.

Rugendorf-based Münch Energie Group has commissioned a 500-MWh battery energy storage system in Saxony-Anhalt, positioning the facility as Germany’s largest contiguous battery storage cluster currently in operation.

Welcome to the new world order. For the past twenty years, politicians in expensive suits have assured us that the…

Canadian Solar has secured a 500 MW, 2,493 MWh battery energy storage system agreement through its e-STORAGE division, targeting infrastructure that supports data center reliability and grid resilience.

Tesla and LG Energy Solution (LGES) are expanding their U.S. battery manufacturing footprint with a $4.3 billion lithium-iron phosphate (LFP) prismatic cell facility in Lansing, Michigan, aimed at supporting Tesla’s Megapack 3 energy storage systems.

European consumers are once again exposed to a significant “geopolitical premium” at the pump, with oil prices surpassing $100 a barrel and T&E research projecting an extra €150 million daily in fuel costs.

SK Innovation’s battery unit, SK On, is actively negotiating with multiple U.S.-based data center operators and energy developers to supply lithium iron phosphate (LFP) batteries for energy storage systems, aiming to secure at least 10 gigawatt-hours of contracts in 2026.

Solar photovoltaic capacity in the United Arab Emirates is projected to increase nearly fivefold over the next decade, rising from 6.7GW in 2025 to 32.3GW by 2035, according to analysis from GlobalData.

Global renewable energy installed capacity stood at 4.1TW in 2025. According to GlobalData’s latest “Renewable Energy: Strategic Intelligence” report, that figure is forecast to reach 8.4TW by 2031, a compound annual growth rate of 13% over six years.