China’s listed battery storage companies have entered the peak interim reporting season, with H1 2026 likely marking the broadest profit recovery in recent years.

Lithium-ion (Li-ion) battery cathode material producer Nano One has reaffirmed its strategy for addressing growing demand for lithium iron phosphate (LFP) cathode active materials outside China, focusing on a licensing-based approach through regional development company partnerships.

In this news roundup, Eos and WATTMORE; Gotion and Gamma Technologies; Middle River Power and PowerTransitions; and Electra AI and MinTech are advancing battery energy storage system (BESS) technology in the US.

US lithium-sulphur battery company Lyten is aiming to acquire another of Europe’s failed homegrown battery startups, Norway’s Morrow Batteries, which went into bankruptcy earlier this year. 

The UK government has launched a new grant funding programme for energy storage technologies that can provide inter-day and seasonal energy shifting applications.

India’s battery storage sector will remain far from self-sufficient in cell supply for at least a decade, Wood Mackenzie says.

Allegro Energy has entered a strategic partnership with Jena Flow Batteries and its parent company Suqian Time Energy Technology.

Egypt’s Minister of Industry laid the foundation stone at Sungrow’s BESS factory site in the Suez Canal Economic Zone earlier this week.

CATL’s Core Operation Carbon Neutrality Launch Event was held in Ningde, Fujian Province, China, on 17 August.

US-based startup Heron Power has selected Morgan Hill, California, to build its first power electronics manufacturing facility in the US.