Browsing: energy storage

BP’s decision to write down up to $5 billion from its gas and low carbon energy division places a hard number on what has been an increasingly visible problem for the company: its early and aggressive push into renewables has failed to deliver competitive returns relative to its peers.

The European Union’s ambitious plan to address a projected 800,000-worker shortage in its battery sector has encountered significant credibility issues.…

Germany added an estimated 6.57 gigawatt-hours of stationary battery storage capacity in 2025, lifting the country’s total installed capacity to approximately 24 gigawatt-hours.

Volvo Car Group has initiated a global recall affecting tens of thousands of vehicles following safety concerns with high-voltage batteries supplied by China’s Sunwoda Electronic.

CATL’s opening of the NING SERVICE Experience Center in Riyadh on January 10, 2026 marks a strategic pivot from equipment supply toward operational infrastructure, a segment increasingly determining whether electrification targets under Vision 2030 translate into sustained deployment.

Donut Lab has unveiled what it claims to be the world’s first commercially production-ready all-solid-state battery, signaling a potential shift in electric vehicle (EV) energy storage.

Spearmint Energy has closed an equity investment with Kyuden International focused on two utility scale battery projects that are already operational, a notable development in ERCOT where rapid load growth and tightening reserve margins have typically seen financing precede lengthy construction timelines.

Australia’s renewable energy transition gained a significant boost with Origin Energy announcing the commercial commencement of Eraring Battery 1, a 460MW/1,770MWh battery energy storage system in New South Wales.

Europe’s push toward next-generation energy storage received a strategic boost with the announcement of Argylium, a joint venture between Syensqo and Axens. The new company will focus on scaling up advanced materials for solid-state batteries, a technology widely viewed as critical for the next generation of electric vehicles and grid-scale energy storage.

Renewable energy sources are projected to comprise 46% of global electricity generation by 2030, up from 30% in 2023, according…