Energy Storage

Massachusetts utilities have signed contracts for 4.5 GWh of energy storage. One project will be located at a former fossil power plant site, highlighting contrasting trends in New England’s offshore wind and energy storage sectors.

Electra Research, a Brooklyn-based startup, is repurposing stoves into batteries to enhance energy storage for the electric grid. The initiative aims to balance renewable energy sources like wind and solar by reducing strain during peak hours.

The US experienced record energy storage installations in Q1 2026, driven by stable tax policy and demand from large load customers, according to two recent reports.

Energy security concerns are driving a surge in global orders for Chinese energy storage companies, with over 25 gigawatt-hours of capacity planned for the US and Europe. The demand is linked to supply chain disruptions from Middle Eastern conflicts and the need to modernize aging energy grids in developed markets.

Argentina’s state oil company YPF signed a letter of intent with Tesla to explore fast electric-car charging, energy storage, and new technology. The partnership positions YPF to transition from oil to electricity amid rising competition from cheap Chinese electric cars in the market.

Electricity demand from AI data centers is driving companies, including automakers like General Motors and Ford, into the energy storage business.

General Motors is shifting its battery technology focus to power AI data centers and the energy grid through a partnership with Peak Energy. GM Ventures is taking an equity stake in Peak Energy to develop large-scale energy storage battery cells.

GM is expanding efforts to capitalize on the expected growth of energy storage and data centers by developing next-generation sodium-ion batteries.

Chinese solar firms are seeking growth beyond Earth, and China plans to more than double its energy storage capacity in the next two years to accelerate renewable energy deployment.

Rising electricity demand driven by data centers, manufacturing, and electrification is outpacing supply, causing higher bills. Exelon attributes 75% of recent bill increases to generation costs, not delivery, and warns of potential summer shortages. The article emphasizes the need for increased power production and an 'all-of-the-above' energy strategy.

The AI boom is driving companies across industries into the energy sector, with electricity becoming a strategic asset. Ford, Bloom Energy, Fervo Energy, and GE Vernova are expanding energy storage and infrastructure amid rising demand, though challenges like project cancellations and oversaturation pose risks.

Contemporary Amperex Technology Ltd (CATL) is launching a 3 billion yuan energy storage research facility in Xiamen, China, to expand its global EV battery dominance amid rising demand driven by the global oil crisis. The facility aims to strengthen CATL's position in the energy storage market, where it already holds nearly 40% of the EV battery market share.

The Economist reports on significant breakthroughs in battery technology that are expected to improve battery performance in the near future. These advancements could have widespread implications for energy storage and related industries.

Grid battery installations surged by 48% in 2025, reaching 112 gigawatts globally, according to BloombergNEF data. These batteries store solar and other energy for later use.

Molecules that can capture heat may lead to a new method of energy storage, which could help decarbonize heating systems. This technology has potential for development in various fields. The discovery was inspired by sunburn.

A new technology inspired by sunburn could help store energy and decarbonise heating. Molecules that capture heat are being explored as a useful tool. This innovation has potential to make a significant impact on energy storage.

LG Energy Solution is shifting its sales mix to focus more on energy storage, aiming for 30% of sales to counter the slowdown in the electric vehicle market. The company, known for its EV battery packs, is adjusting its strategy to balance revenue sources amid market challenges.

Meta is developing a space-based solar power system to supply energy to its datacenters and has partnered with an energy storage company to maintain a 100-hour power reserve. This initiative aims to address growing AI demand and ensure uninterrupted operations during grid overloads or outages.

China's crowded battery market is negatively impacting energy storage profits. The Sungrow Power Supply Co. showcased its products at the International Energy Storage and Battery Technology and Equipment Exhibition in Shanghai, highlighting industry activity despite market challenges.

Redwood Materials is restructuring its teams, leading to a 10% workforce reduction, to focus on expanding its energy storage business. This move is aimed at capitalizing on the growing demand in the energy storage sector.

China's government plans to more than double its energy storage capacity in the next two years to accelerate the deployment of renewable energy. The initiative is highlighted by the Baofeng Agriculture-Photovoltaic Integration Industrial Base in Ningxia autonomous region.