In recent years, the world has started to look at energy storage as a viable solution to the challenges of green energy. Markets such as Photovoltaics and Wind power are key technologies in the quest to shift to clean energy completely. The energy generated by both of these technologies is intermittent, making energy storage crucial for the global clean energy transition. To cater to the increasing demand of storage, many companies have invested in Gigafactories that have the manufacturing capacity greater than 1 GWh. The European market, especially Germany, was one of the first to respond to this need. Establishing and announcing many projects to adjust to the increase in demand.