Redwood Materials has closed a US$350 million Series E funding round to scale up its critical battery materials and energy storage businesses.

The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.

John Zahurancik, Americas president at Fluence, discussed industry trends and policy directions with ESN Premium at this year’s RE+.

Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.

At RE+ 2025, the Chinese energy solution provider discusses modular design innovations, efficiency gains, and navigating an uncertain policy landscape.

Residential energy storage startup Base Power has raised US$1 billion in Series C financing from venture capital fund Addition.

Chinese lithium-ion OEM Hithium will push forward with its planned IPO on the Hong Kong Stock Exchange (HKEX).

Honeywell, LS Electric, esVolta, Sitetracker, PairedPower, PHNXX, and Energy Toolbase are collaborating on new initiatives to advance energy storage installations across the US.

Repurposing EV battery packs and modules into BESS obviously has environmental benefits, but challenges around pricing, performance and safety remain, panellists at an industry event in London said last week.

Some quick snapshots from the presentations and panels at Energy Storage Summit Asia 2025, taking place this week in Manila, Philippines.