Lyten to acquire Northvolt’s $5 billion battery assets in Sweden and Germany
US startup Lyten has stepped up again to buy Northvolt’s Swedish and German assets, continuing its takeover of the failed battery giant’s $5 billion manufacturing empire. The move marks a major shift in Europe’s battery landscape.
Thermal batteries offer alternative to lithium-ion storage
Jaicky Kumar, co-founder and CEO of Voltanova – a deep-tech firm incubated by the Foundation for Science, Innovation and Development (FSID) at the Indian Institute of Science (IISc) – speaks to pv magazine about the company’s thermal battery system and how it compares to lithium-based energy storage.
WHES releases new C&I energy storage system
WHES has released a new commercial and industrial (C&I) energy storage system using a 509 kWh battery with power output options from 62.5 kW to 250 kW, and a maximum efficiency of 98.5%.
Tesla taps LG Energy for US storage batteries in $4.3 billion deal
Tesla has selected LG Energy Solution (LGES) to supply lithium iron phosphate (LFP) batteries for its US energy storage products in a deal reportedly worth $4.3 billion, according to South Korean media.
PV-powered liquid air system yields hydrogen, heating, fresh water
A global scientific team has designed a novel multigeneration system based on renewable energy and liquid air energy storage, then used soft computing techniques to optimize its operation. The optimized levelized costs of hydrogen (LCoH) were $1.52/kg and $5.22/m³.
India’s MSEDCL tenders 2 GW/4 GWh of grid-connected battery storage
India’s Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a tender for 2 GW/4 GWh of battery energy storage systems (BESS) at sites connected to the intra-state grid. Developers will be selected to deploy the systems across MSEDCL-designated locations.
Iron-sodium battery to back up fire-prone community in California
The US Department of Energy has granted $4.1 million to Inlyte Energy to deploy grid-scale batteries in a microgrid in northern California.
New battery maker builds Czech factory with European software
Partners from Germany and Czechia are building a battery storage production line in eastern Czechia, integrating in-house control systems to improve cybersecurity and reduce reliance on Chinese infrastructure.
Home storage grows across Europe in first half of 2025
Home battery demand was subdued in Germany and Italy in the first six months of 2025 but rose in Austria, France, the Netherlands, and the Czech Republic. One driver was falling prices, with EUPD Research reporting an average €711 ($833)/kWh in the first half of the year.
India awards 7.6 GW of battery storage in H1 2025
India awarded 5.4 GW of colocated solar plus battery energy storage systems (BESS) and 2.2 GW of standalone BESS to developers in the first half of 2025. This marks the nation’s highest BESS allocation to date, according to a new report by Rystad Energy.
