Finance
Advertisement
Advertisement
Advertisement
Latest News
Advertisement
CATL raises $5 billion in share sale, Sungrow files for Hong Kong IPO for the second time
CATL has completed a roughly $5 billion share sale in Hong Kong on Tuesday. Meanwhile, Chinese inverter and battery manufacturing giant Sungrow is making a second attempt at an IPO after its initial listing bid, launched in October 2025, lapsed.
US medium duration storage endures woes, while Form’s long duration grows, and lithium overflows
U.S. medium and long duration manufacturers EOS and ESS are showing stress, while Form Energy is outpacing projections and now must scale – all while being stalked by lithium’s ever widening use profile.
Europe: AccelerateEU supports a 200 GW storage target, but omits financing mechanism
The European Commission’s AccelerateEU energy crisis plan endorses a 200 GW battery storage target for 2030 but proposes no dedicated financing mechanism to reach it, according to SolarPower Europe (SPE), which is calling for a separate EU-wide auction funded by emissions trading revenues.
All Finance news
Green Flexibility buys 500 MW of battery storage projects in Germany
The framework agreement stipulates that Hamburg-based Hansa Battery will develop the projects up to the construction-ready stage. Green Flexibility will then assume responsibility for implementation and operation, as well as contribute financially to securing the necessary grid reservations.
Advertisement
Sunotec, Shell seal cross-border hedge for 600+ MWh battery storage
In a double announcement, Bulgarian energy storage and solar developer Sunotec confirmed two major milestones: the signing of a cross-border spread hedge agreement with Shell, linked to more than 600 MWh of battery energy storage projects, and the official signing of a 2.4 GWh battery storage supply agreement with Sungrow.
Latvia adds big batteries to complete grid sync with Europe, two major Estonian projects secure finance
The addition of two utility-scale battery energy storage systems (BESS) in Latvia marks the final milestone in synchronizing the Baltic power grids with continental Europe, according to the country’s transmission system operator. Meanwhile, Estonia is advancing two major BESS projects, backed with €85 million in financing, in another key step toward energy independence.
Advertisement
Advertisement