Elinor Batteries plans for a giga-scale battery factory near Trondheim, Norway. Based on 100% renewable energy and nordic mineral resources, the factory will supply sustainably produced batteries to the European Energy Storage market. [pdf]
DTEK has launched the largest battery storage facility in eastern Europe to bolster Ukraine's energy system ahead of expected mass Russian attacks on infrastructure this winter, the Ukrainian energy giant announced on Sept. 10. [pdf]
Slovak battery cell manufacturer InoBat has secured a grant of €54 million and a loan of €456,000 to build a gigafactory in Valladolid, northern Spain. The plant is expected to create 260 jobs. InoBat’s plans to build a battery cell factory in Valladolid have been public since 2022. [pdf]
TAGENERGY, a global leader in low-carbon energy solutions, launches construction of France’s largest battery energy storage platform (France, Marne). This landmark project marks the start of an ambitious expansion plan for 2025, with accelerated solar and storage development activities. [pdf]
Swiss-based energy company MET Group has officially inaugurated Hungary’s largest standalone battery energy storage system (BESS) at its Dunamenti Power Station in Százhalombatta, located close to Budapest. The new facility boasts a total power output of 40 MW and a storage capacity of 80 MWh. [pdf]
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Jacksonville, FL, United States [10 September 2024] – Saft, a subsidiary of TotalEnergies, has commissioned a new line at its Jacksonville factory in Florida to produce the lithium-ion (Li-ion) battery containers that form the heart of energy storage systems (ESS). [pdf]
Serbia will have Europe’s first Lithium-Iron-Phosphate (LFP) factory. The Serbian battery manufacturer ElevenEs secured the investment from EIT InnoEnergy, a sustainable energy innovations supporter, to build a 100 per cent renewable energy-powered LFP battery factory in Subotica. [pdf]
In recent years, LFP (lithium iron phosphate) has become the dominant choice for cathode material in lithium-ion batteries in battery energy storage systems (BESS). There are several reasons why LFP has risen to the top among different lithium-ion battery cell chemistries. [pdf]
The average 2024 price of a BESS 20-foot DC container in the US is expected to come down to US$148/kWh, down from US$180/kWh last year, a similar fall to that seen in 2023, as reported by Energy-Storage.news, when CEA launched a new quarterly BESS pricing monitor. [pdf]
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China has completed the main construction works on the world’s largest vanadium redox flow battery (VRFB) energy storage project. The project, backed by China Huaneng Group, features a 200 MW/1 GWh VRFB system paired with a 1 GW solar farm. [pdf]
Around the beginning of this year, BloombergNEF (BNEF) released its annual Battery Storage System Cost Survey, which found that global average turnkey energy storage system prices had fallen 40% from 2023 numbers to US$165/kWh in 2024. [pdf]
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The global market for lithium battery pack assembly lines was valued at approximately $5.2 billion in 2022, and it is anticipated to expand at a compound annual growth rate (CAGR) of 22% from 2023 to 2030. [pdf]
Here’s where Luxembourg gets sneaky-smart. Their closed-loop battery ecosystem recycles 92% of materials—enough to make 3,000 e-bike batteries from one retired grid system. It’s like a Phoenix rising from the lithium ashes, but with government funding. [pdf]
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