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
Advertisement
Australia backs big batteries amid coal exit
Utility-scale batteries are meeting the challenge of guaranteeing network reliability during the clean energy transition with Australia having surpassed the United Kingdom to become the third-largest market for large-scale battery energy storage systems (BESS), behind China and the United States.
MACSE could cost ‘nothing’, creating competition between BESS and pumped storage while sidelining hydrogen
Italy’s first MACSE auction has delivered a global signal: battery storage is now competitive. As Mauro Moroni writes in an editorial, the results may not only ignite healthy competition with pumped hydro but also redefine the role of hydrogen in the flexibility ecosystem.
Advertisement
An overview of important new Spanish regulations for grid access that boost battery competitiveness
Spain’s Official State Gazette (BOE) today publishes the Royal Decree amending RD 413/2014, which updates the order of grid-access priority for electricity to boost the penetration of storage and flexible technologies.
Advertisement