energy storage

Global energy spending shifts from solar panels to grid and battery infrastructure

The global energy transition is entering a new phase. Investment is moving away from solar panels and wind farms and toward the grid infrastructure and battery storage needed to make renewable-heavy power systems work, according to a Reuters commentary published…

Taiwan’s ProLogium says it began mass-producing solid-state batteries

Taiwanese battery maker ProLogium Technology announced on Wednesday that its Generation 3.5 lithium ceramic battery has entered mass production at the company's Giga-level facility in Taiwan, marking what it describes as a move beyond pilot-scale development for all-solid-state battery technology.

Lithium miners post biggest profits in years as battery storage demand surges

Lithium producers across three continents have reported their strongest earnings in years, buoyed by surging demand from the energy storage sector that has tightened supply and lifted prices for the battery metal.

Global solar capacity quietly crosses 3-terawatt mark

The world has quietly crossed the 3-terawatt threshold of installed solar power capacity, a milestone reached sometime in early 2026 that went largely unnoticed despite representing one of the fastest energy buildouts in history. The achievement means global solar capacity…

CATL posts 42% profit jump, unveils up to $5.5B buyback

Contemporary Amperex Technology Co., Limited, the world's largest power battery maker, reported a 42% year-on-year rise in first-half net profit and unveiled a buyback plan worth up to 40 billion yuan, signaling confidence in its continued growth trajectory.

BYD wins 11.3 GWh battery storage deal for Abu Dhabi renewable megaproject

BYD Energy Storage has secured a contract from Masdar to supply 11.275 GWh of battery energy storage systems for the United Arab Emirates' round-the-clock renewable energy project in Abu Dhabi, one of the largest single energy storage deals ever signed.

Tesla launches AI home energy platform, books $9B in Megapack orders

Tesla has accumulated more than $9 billion in new Megapack utility-scale energy storage orders over the past six weeks, totaling more than 43 GWh of battery capacity, while simultaneously unveiling a residential energy management platform that marks the company's deepest…

Chinese firms now control 72.5% of global EV battery market

Chinese battery giant CATL Contemporary Amperex Technology Co., Limited extended its grip on the global electric vehicle battery market in the first five months of 2026, recording 188.4 gigawatt-hours of installations and a 40.2% market share, according to data released…

Tesla Q2 deliveries crush estimates with 480,000 units

Tesla delivered 480,126 electric vehicles in the second quarter of 2026, the company announced on Thursday, blowing past Wall Street estimates and marking a 25% increase from the 384,122 vehicles delivered in the same period a year ago.

Morgan Stanley calls salt ‘the new oil’ as sodium-ion batteries rise

Morgan Stanley has declared the dawn of a "New Oil Age" — not for petroleum, but for salt. In a note to clients published in late June, analyst Jack Lu and his team forecast that sodium-ion batteries will surge from…

CATL launches sodium-ion storage system with 30-year lifespan

Contemporary Amperex Technology Co., Limited launched its Tener sodium-ion energy storage system on Monday at a product release event in Munich, Germany, marking what the company calls a new era for grid-scale battery storage built without lithium.

Chinese firms secure 25 GWh in overseas energy storage orders amid Hormuz crisis

The disruptions to global energy markets caused by the 2026 Iran war and the ongoing instability around the Strait of Hormuz are reshaping the world's energy landscape, driving record investment in clean energy and battery storage as countries scramble to…