Chinese battery manufacturer CATL reported continued expansion in its energy storage business in the third quarter of 2026, with storage batteries accounting for about 25% of its total battery sales volume, according to financial results released on Oct. 20 and…
On October 17–18, 2026, Jinko’s Global Technology Day conference was held in Shanghai, attracting more than 400 customers from over 100 countries. The event featured systematic presentations on industry analysis, strategic focus, technology roadmaps, and ecosystem development, sparking widespread discussion…
Peak Energy said its oversubscribed Series B was led by GM Ventures, with participation from Maverick Silicon, Infinite Capital, Eclipse, Xora Innovation and LG Technology Ventures. The company did not disclose its valuation or the size of GM Ventures’ contribution.…
India’s operational battery energy storage manufacturing capacity is concentrated in downstream manufacturing, which accounts for 92% of the total, while cell manufacturing accounts for just 8%, according to Mercom India’s recently released “Energy Storage Manufacturing Ecosystem Report.” Downstream manufacturing includes battery…
Rwanda’s Energy Development Corporation Limited (EDCL) has opened a tender for a 200 MW floating solar power plant alongside an 800 MWh battery energy storage system (BESS). The project is set to be built at Lake Sake, within the Ngoma…
This summer, after years of searching for a buyer, oil major Shell sold German battery storage manufacturer Sonnen to family office Tiven. The company, based in Wildpoldsried in Germany’s Allgäu region, has now filed for insolvency, according to German business…
Chinese PV inverter and storage heavyweight Sungrow has announced that its PowerTitan 3.0 battery energy storage system (BESS) in a 20ft configuration successfully completed a large-scale fire test (LSFT) held in China, conducted by UL Solutions. Sungrow said the LSFT…
TCL SunPower has launched a new hybrid energy storage cabinet for the commercial and industrial (C&I) segment in Europe. The X5 has a base unit rated at 50 kW/100 kWh and scaled to 400 kWh by connecting up to four…
German renewable energy company Enertrag has reached financial close for its 39 MW / 117 MWh Les Sablons battery energy storage system (BESS) project in northern France. Located in Vendeuil, in France’s Hauts-de-France region, construction is already underway. Renewable energy…
Newly installed battery energy storage capacity in Germany jumped by 91% in the first three quarters of this year compared to the same period in 2025. All told, more than 500,000 new storage systems with a combined capacity of around…