Monday, March 9, 2026

Energy Storage News

China's lithium prices soar after Zimbabwe bans export

China's Lithium price rose on Thursday after Zimbabwe suspended its raw?mineral exports. This sparked concerns about supply disruptions at a time when the market is expected to boom due to a growing demand for?energy storage?.

US provides historic $26.5 billion loan to Southern Co subsidiaries

The?U.S. The Energy Department announced on Wednesday that it has provided a loan of $26.54 billion to'subsidiaries' of Southern Co in order to improve grid reliability. This is the largest loan ever offered by its loan office.

Maguire: Australia's renewable energy boom will deliver a coveted price for power

Australia's wholesale power prices dropped to their lowest level in four years by 2025. This bucking of rising prices elsewhere, and proving that renewables-intensive power systems can lower power costs for consumers.

The UK National Wealth Fund has set its sights on carbon capture, batteries, and hydrogen as a way to boost growth

The National Wealth Fund of Britain announced on Wednesday that carbon capture, power grids and battery manufacturing will be among ten'sector' it will concentrate on in the next five-year period to help…

ContourGlobal, owned by KKR, enters Greece through solar and battery acquisitions

KKR's energy group ContourGlobal announced on Friday that it has entered the Greek renewables markets?with a portfolio of solar plants? and 500 megawatts of?battery -energy storage? projects. The agreement…

Egypt signs renewable energy contracts worth $1.8 billion

State TV reported that Egypt had signed renewable energy contracts worth $1.8 billion. Contracts were signed with Scatec, a Norwegian renewable energy developer and Sungrow from China. Officials say that without international support…

Demand for lithium is expected to increase due to the growing demand for energy storage.

The boom in battery storage in 2026 has increased the demand for lithium, bringing 'hopes of an accelerated turnaround in an industry that is struggling with an oversupply. Since the second half 2022,…

Local officials claim that Ukrainian drones have hit targets in three Russian regions.

Local officials reported that Ukrainian drones had struck energy and industrial targets in the Russian regions of Krasnodar and Kaluga over the course of one night. The Ukrainian military confirmed two of these three attacks.

What just happened? Ten charts that will help you understand the market in 2025

The past year will not be forgotten soon. The conventional wisdom about investor behavior and economics was often challenged in 2025 as technology, energy, and geopolitics influenced markets in unexpected ways.

What just happened? Ten charts that will help you understand the market in 2025

The past year will not be forgotten soon. The conventional wisdom about investor behavior and economics was often challenged in 2025 as technology, energy, and geopolitics influenced markets in unexpected ways.

The head of the car association says that demand for lithium batteries in China will fall by early 2026.

The secretary general of China's passenger vehicle association stated on Sunday that the demand for Chinese lithium batteries is likely to fall in early 2026, due to a predicted drop?in domestic sales…

Turkey claims that Russia provided $9 billion to it for the Akkuyu Nuclear Plant

The Turkish energy minister announced that Russia has provided $9 billion in new financing for the Akkuyu nuclear power plant, which is being built by Rosatom, the state-owned nuclear energy company of Moscow.

Battery boom sparked by China's energy reforms and global data centres

The Chinese energy storage manufacturers are booming as a result of the revamping of China's electric market. According to one estimate, Chinese firms will see a 75% increase in global shipments this year of lithium-ion batteries for energy storage.

Report: US solar installations up 49% in the third quarter

A study released by Wood Mackenzie and the Solar Energy Industries Association on Tuesday showed that the U.S. industry installed new solar capacity of 11.7 gigawatts in the third quarter. This represents a 49% increase.

India's low battery storage bids are raising concerns about project viability

Industry experts and analysts fear that the record-low bids to build battery energy storage system in India could make some projects economically unviable, or even dangerous. This would hinder efforts towards renewable power.

Industry head: Colombia will see a jump in renewable energy by 2025, thanks to new players.

Alexandra Hernandez (President of the Colombian Renewable Energy Association, SER Colombia) said that Colombia will end 2025 with 2,685 Megawatts (MW), up 49% compared to 1,800 MW by the end of 2024. This…

Adani Group invests $7.17 billion in power projects in India’s Assam State

Adani Group, an Indian company, announced on Friday that it would invest approximately 630 billion rupees (7.17 billion dollars) in two major projects in Assam in the state's north-eastern region. One…

Congo produces the first 1,000 tons traceable artisanal Cobalt

The state cobalt company in the Democratic Republic of Congo produced the first 1,000 metric tonnes of traceable artisanal. This is a major step towards formalizing this sector in a nation that supplies a large portion of the world’s battery metal.

Kuwait looks to large-scale batteries storage to ease the power crisis

Kuwait is currently negotiating an important battery storage project that will have a total energy storage capacity between 4 and 6 Gigawatt-hours. This will help ease the chronic power shortages in Kuwait…

UBS: Data centres will drive the energy storage boom cycle in the next five years

UBS Securities predicts that the growth of AI-driven data centres in the U.S. will drive a "boom" cycle for energy storage over the next five year as it is necessary to balance out the fluctuations in wind and solar power generation.